News

CANMAX Says Its New Lithium Hydroxide Plant Has Entered Pilot Production Phase

published: 2023-02-16 9:30
CANMAX announced on January 29 that a lithium hydroxide plant being developed by its subsidiary in Sichuan has entered the pilot production phase. The main pieces of equipment have been installed and calibrated. The production capacity of the plant is 60,000 tons per year for battery-grade lithium hydroxide. ...  more

JSMC Plans to Set Up Annual Production Capacity of 30,000 Tons for Lithium Carbonate in Jiangxi

published: 2023-02-15 9:30
JSMC announced in early February that it will be raising its production of lithium carbonate. Therefore, it will set up a lithium carbonate project in Gao’an, a county-level city under the administration of the prefecture-level city of Yichun in China’s Jiangxi Province. The annual production capacity of the project is set at 30,000 tons, and the planned total investment is capped at RMB 650 million. ...  more

Solar Industry Awaits Numerous Challenges as IRA Falls Short of Being a Panacea

published: 2023-02-15 9:30
US President Joe Biden signed the most ambitious climate act in the history of the country during 2022 through the Inflation Reduction Act (IRA) in the hope of accelerating renewable energy development, though experts have pointed out that it would take another 2-3 years before seeing a sizable growth in solar power. ...  more

Minerals Are Abundant But Not Easy to Extract, Imposing Constraints on EV Manufacturing

published: 2023-02-14 9:45
A large number of minerals are required for energy transition. While the U.S. Geological Survey (USGS) indicates that mineral resources might be inexhaustible, minerals are not easy to obtain. Instead, mineral extraction involves complex issues from geopolitical concentration, material quality, average lead time in the mining industry to environmental factors, all of which will decide whether humans can get the ores they want. ...  more

EVE to Add More Production Capacity at Its Operation in Jingmen

published: 2023-02-13 9:30
Major Chinese battery supplier EVE announced on January 31 that its subsidiary EVE Power and the administrative committee of Jingmen Hi-Tech Industrial Park signed an agreement for setting up new battery production lines. Under the agreement, EVE will invest around RMB 10.8 billion to set up 60GWh per year of production capacity for Li-ion batteries and other supporting facilities. Of the RMB 10.8 billion, fix assets will account for around RBM 8 billion. JIngmen is a city in China’s Hubei Province. ...  more