Joint Venture (JV)
US chemicals company Albermarle has signed an exclusivity agreement to create a potential lithium joint venture in Western Australia.
Albemarle said the agreement with Mineral Resources Limited (MRL) could lead to the creation of a 50-50 joint venture to own and operate the Wodgina hard rock lithium mine in the state’s Pilbara region— and “ultimately develop an integrated lithium hydroxide operation at the site”.
Swiss battery manufacturer Leclanché has been selected to supply “customised marine energy storage” systems for Norway-based technology group Kongsberg.
Through this partnership, Leclanché will deliver “one of the largest single marine battery system orders to date” for nine vessels totalling 45 megawatt-hours of capacity.
Chinese battery maker Chaowei Group has established a Joint Venture (JV) company with General Electric to bring to market a sodium-nickel-chloride battery.
The JV sees Chowei’s subsidiary Chaowei Lvna and US firm GE’s subsidiary General Electric Technology Development (GETD) joining forces to develop the technology.