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BMZ eyes Japan tie-up for cell production

Mon, 03/05/2018 - 11:25 -- John Shepherd
BMZ eyes Japan tie-up for cell production

German lithium-ion battery developer and producer BMZ is considering partnering with a Japanese company to launch a battery cell production plant in Europe, BBB can reveal.

BMZ founder and managing director Sven Bauer (pictured) said the move is a “serious option” for the company “and makes sense”, as it seeks to widen its supply chain and production capabilities.

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China lithium material giant eyes expansion IPO

Mon, 02/26/2018 - 11:57 -- Xuan Zhong

China’s largest lithium compounds producer Ganfeng Lithium is reportedly looking to raise $1 billion from an initial public offering (IPO) in Hong Kong to expand its battery-related businesses.

According to the Financial Times, the IPO would fund new Ganfeng acquisitions and further exploration of lithium resources to secure future supply for the growing electric vehicle market in China.

 

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Chinese firms ink Li-battery materials pipeline deal

Mon, 02/19/2018 - 11:33 -- Xuan Zhong
Chinese firms ink Li-battery materials pipeline deal

Two Chinese companies have signed an international raw materials supply chain deal aimed at creating “one of the most technologically-advanced lithium battery cathode material manufacturers” in the country.

BCL, a wholly-owned subsidiary of Hong Kong-based investments firm Burwill, agreed the deal with Chinese lithium battery materials provider Hunan Changyuan Lico on 9 February.

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EVs prompt battery-recycling need in China

Mon, 02/19/2018 - 11:29 -- News Editor
EVs prompt battery-recycling need in China

Chinese authorities are reportedly preparing new policies for the recycling of batteries due to the rapidly-expanding new energy vehicle (NEV) market— the EV and hybrid electric vehicle sector.

The Ministry of Industry and Information Technology (MIIT) is expected to roll out policies to clarify industrial standards and regulate battery recycling this year, according to China’s state Xinhua News Agency.

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Korea plea to China over battery subsidies

Mon, 02/12/2018 - 10:29 -- John Shepherd
Korea plea to China over battery subsidies

Seoul has confirmed it is in direct talks with China aimed at patching up a trade row that led Beijing to slap sanctions on the use of South Korean batteries.

As BBB reported last week, signs that the two countries were attempting to bury the batteries hatchet emerged as South Korean and Chinese firms formed two joint ventures to produce lithium-ion battery materials from bases in China.

 

 

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Umicore eyes expansion after shares sale

Mon, 02/12/2018 - 10:23 -- John Shepherd
Umicore eyes expansion after shares sale

Belgium’s Umicore has raised nearly EUR900 million ($1.1 billion) in a shares sale to fund potential future acquisitions and boost investments in cathode materials.

The Brussels-based global materials technology and recycling firm sold 10% of its shares in a block trade on 8 February.

 

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BYD ‘plans summer start for new battery plant’

Mon, 02/05/2018 - 11:16 -- Xuan Zhong
BYD ‘plans summer start for new battery plant’

Chinese battery giant BYD is reportedly set to start operations at a new CNY4 billion ($636 million) lithium-ion battery production plant in western China this June.

The first of three production lines expected to start rolling at the plant in Xining, Qinghai Province, will have an annual production capacity of 10GWh, according to China’s state Xinhua News Agency.

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South Korea-China deal to ease battery tension?

Mon, 02/05/2018 - 10:52 -- Xuan Zhong
South Korea-China deal to ease battery tension?

Chinese and South Korean businesses have formed two new joint ventures to produce lithium-ion battery materials from bases in China.

The move follows months of claims and counter claims over China’s alleged “blocking” of South Korean batteries in a heated trade spat.

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Canadian solid-state licensing deal for China

Mon, 01/29/2018 - 11:08 -- John Shepherd
Canadian solid-state licensing deal for China

Solid-state lithium battery technology developed by a Canadian utility has been licensed for use in electric vehicle batteries made for the Chinese market.

Hydro-Québec said the licensing deal with Dongshi Kingpower Science and Technology includes cooperating on building a pilot battery assembly line at Kingpower’s factory in China.

 

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Narada awarded Bangladesh LFP project

Fri, 01/19/2018 - 09:48 -- Xuan Zhong
Narada awarded Bangladesh LFP project

Chinese battery maker Narada has won a contract worth more than $40 million to supply a lithium iron phosphate (LFP) battery system to a telecoms operator in Bangladesh.

Narada did not name the company involved, but said the project was “the first large-scale selection of lithium-ion batteries for the base stations of the country”.

 

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