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Posco Future M in Honda deal

13th May 2024

Submitted by:

Andrew Warmington

Following discussions since April 2023, South Korea’s Posco Future M and Honda have reached a basic agreement on collaboration for the production of cathode materials for electric vehicle (EV) batt

LG Chem breaks ground in Tennessee

2nd January 2024

Submitted by:

Andrew Warmington

Korea’s LG Chem has broken ground on a nickel-cobalt-manganese-aluminium cathode materials facility on a 170 hectare site in Clarksville, Tennessee.

Umicore in further battery deal

4th October 2022

Submitted by:

Andrew Warmington

Following on from other recent announcements in the field, Umicore has announced a 5-50, €3 billion joint venture to supply precursor and cathode material production to the European battery cell fa

Livent to supply GM

8th August 2022

Submitted by:

Andrew Warmington

Livent has signed a sourcing agreement, under which it will supply General Motors (GM) with battery-grade lithium hydroxide for six years from 2025.

Johnson Matthey to exit battery materials

15th November 2021

Submitted by:

Andrew Warmington

Following a detailed review, Johnson Matthey has concluded that the potential returns from its Battery Materials business “will not be adequate to justify further investment”.

Two lithium deals for Umicore

18th October 2021

Submitted by:

Andrew Warmington

Umicore has signed separate five-year, renewable lithium supply agreements with two companies, Ganfeng Lithium of Jiangxi, China, and Vulcan Energy Resources of Karlsruhe, Germany.

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