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Australian miner eyes China with lithium mine plan

Thu, 10/26/2017 - 10:45 -- News Editor
Australian miner eyes China with lithium mine plan

Australian mining firm Core Exploration Limited has applied for a licence to develop one of the country’s highest-grade lithium deposits, as part of plans to make inroads into the Chinese battery materials market.

Core said on 19 October it plans to develop its 100%-owned Grants deposit near Darwin, in the Northern Territory, which contains an estimated 1.8 million tonnes of high-grade spodumene— a key mineral in the manufacture of lithium-ion batteries.

 

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China names new base for Nissan batteries

Thu, 10/26/2017 - 10:39 -- Xuan Zhong
China names new base for Nissan batteries

Zhenjiang in China is to be the new headquarters and production base for the now Chinese-owned Nissan electric vehicles batteries business, state media has reported.

The new Nissan batteries complex will be set up in the Zhenjiang New District in Jiangsu Province at a cost of around CNY12.5 billion ($1.9bn), according to China’s Xinhua News Agency.

 

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BMW joint venture ‘to open China battery packs plant’

Tue, 10/24/2017 - 10:35 -- News Editor
BMW joint venture ‘to open China battery packs plant’

The Chinese joint venture brand of German car giant BMW, BMW Brilliance, is reportedly to open a “high-voltage automotive battery pack production centre” in China on 24 October.

According to Chinese media reports, BMW’s long-term Chinese lithium-ion battery supplier Contemporary Amperex Technology Ltd (CATL) will supply cells for the project.

 

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Chinese partners sell Samsung battery business shares

Tue, 10/24/2017 - 10:32 -- Xuan Zhong
Chinese partners sell Samsung battery business shares

Two Chinese shareholders have put a total of 30% of shares in Samsung SDI's joint venture battery company on the market, according to China’s Tianjin Property Rights Exchange (TPRE).

Samsung SDI (Tianjin) Battery Co., Ltd. (SDITB), set up in China in 2015 October, is a manufacturer of rechargeable lithium-ion batteries.

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China set for energy storage sector boost

Mon, 10/16/2017 - 13:03 -- Xuan Zhong
China set for energy storage sector boost

China has announced plans to support a “transformation” of its energy storage industry over the next decade— focusing on the development of an array of technologies including a pilot high performance lead-carbon capacitor battery system.

The national government said it wants to move existing R&D and development activities in the energy storage sector onto full-scale commercialisation.

 

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Chinese car firm signs lithium supply deal

Tue, 10/10/2017 - 10:53 -- Xuan Zhong
Chinese car firm signs lithium supply deal

Chinese car marker Great Wall Motor Co Ltd., said it has taken a 3.5% stake in Australian lithium miner Pilbara Minerals Ltd., to help secure supplies of a key mineral for its electric vehicle development plans.

Great Wall said it would take the equity interest in Pilbara for around AUD28 million ($22m) through its wholly-owned Hong Kong-registered subsidiary Billion Sunny Development Ltd.

 

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Aquion Energy ‘leaving US for China’

Tue, 10/03/2017 - 09:57 -- News Editor
Aquion Energy ‘leaving US for China’

Sodium-ion batteries manufacturer Aquion Energy, which recently emerged from Chapter 11 bankruptcy in the US, has declined to comment on reports that it is quitting its base in Pennsylvania and moving operations to China.

Aquion, now known as AEI Winddown, was acquired in a bankruptcy auction earlier this year by “a majority-American joint venture”, said to be linked to Chinese investment holding company China Titans Energy Technology Group.

 

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Camel invests in Croatian battery tech start-up Rimac

Mon, 10/02/2017 - 13:57 -- News Editor
Camel invests in Croatian battery tech start-up Rimac

Chinese battery maker the Camel Group is investing EUR30 million ($35.3m) in Croatian electric vehicle technology firm Rimac Automobil.

Zagreb-based Rimac, whose products include battery packs and battery management systems for the automotive, nautical and bicycle markets, said the deal represented the “single largest foreign direct investment in a Croatian technology company”.

 

 

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‘EU needs Airbus-style consortium’ for batteries

Tue, 09/26/2017 - 09:51 -- News Editor
‘EU needs Airbus-style consortium’ for batteries

The EU’s energy chief has called for the creation of a Europe-wide consortium to support the battery industry— to prevent the EU “falling behind” in the race with China and other nations to power electric vehicles (EVs).

Maroš Šefčovič (pictured), the European Commission vice-president responsible for the ‘EU energy union’, said the bloc should invest in an “Airbus for batteries”— a consortium that he said could do for batteries what the European multinational does for the aircraft industry.

 

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Australian firm signs China graphite supply deal

Thu, 09/21/2017 - 15:39 -- News Editor
Australian firm signs China graphite supply deal

Australia’s Syrah Resources has signed a deal to provide a Chinese lithium battery materials supplier with 30,000 tonnes of graphite in the first year of production at its Balama mine in Mozambique.

Syrah said the agreement is with Jixi BTR Graphite Industrial, which supplies battery materials for lithium-ion products used in electric vehicles and the energy storage sector.

 

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