Posco Future M in Honda deal
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
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
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
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
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
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.