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lithium

Kore Power promises 5,000 lithium-ion cells per day at China gigafactory

Fri, 09/13/2019 - 09:46 -- Paul Crompton
Kore Power promises 5,000 lithium-ion cells per day at gigafactory

US energy storage company Kore Power says it will have a 6GWh annual production capacity of its lithium battery energy storage systems (ESS) by the end of next year.

The Idaho-headquartered company aims to produce 5,000 of its nickel manganese cobalt (NMC) cells (or 10 of its Mark 1 ESS) a day next year.

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CATL invests in China cathodes joint venture

Wed, 09/11/2019 - 14:54 -- Paul Crompton
CATL invests in China cathodes joint venture

Chinese lithium battery giant Contemporary Amperex Technology (CATL) and a subsidiary company plan to launch a new business venture focused on cathode materials.

CATL and its Guangdong BrunpRecycling Technology subsidiary will set up the new company – dubbed Lingbo Brunp CATL New Energy – with registered capital of around CNY3.6 billion (US$503 million), CATL said.

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Solid state LIB a big winner in DoE research funding commitment

Tue, 08/27/2019 - 14:56 -- Paul Crompton
mark w menezes

The U.S. Department of Energy announced $59 million of funding for 43 projects focused on new and innovative advanced vehicle technology research— with around a third going toward solid-state lithium battery projects.

Universities, vehicle OEMs and private companies are among the thirteen projects that will share around a million dollars each of funding through the Office of Energy Efficiency and Renewable Energy.

 

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Western Australia unveils funds register to grow battery industry

Fri, 07/12/2019 - 09:43 -- John Shepherd
Western Australia unveils funds register to grow battery industry

Western Australia (WA) has launched a ‘Funding Assistance Register’ aimed at bolstering the state’s ambitions to develop a home-grown battery industry.

The initiative is designed to help firms such as mining and processing companies, manufacturers, research groups, renewable energy companies, and small businesses apply to unlock state and federal aid for future battery-related projects.

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Experts warn on ‘raw material cost’ of powering EVs

Fri, 06/07/2019 - 13:07 -- John Shepherd
Experts warn on ‘raw material cost’ of powering EVs

Experts have warned that producing a new generation of electric vehicles— and supplying the electricity to keep their batteries charged— will add up to costly and “huge implications” for the world’s natural resources.

The UK alone would need just under twice the current annual world cobalt production to meet its EV targets for 2050, according to a letter to government climate change advisers co-authored by the head of earth sciences at the UK’s Natural History Museum, Prof Richard Herrington.

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'Major lithium find' boost for Chinese battery makers

Thu, 06/06/2019 - 14:44 -- John Shepherd
'Major lithium find' boost for Chinese battery makers

Chinese scientists have reportedly found in excess of five million tons of lithium at a deposit in the country’s southwest Yunnan Province that could boost self-reliance for a key material needed by China’s battery makers.

Researchers from the Chinese Academy of Sciences’ Institute of Geochemistry found 340,000 tons of lithium oxide in a test site in central Yunnan, according to the state Xinhua News Agency.

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Lawmakers push for US battery materials security

Wed, 05/08/2019 - 15:12 -- John Shepherd
Lawmakers push for US battery materials security

US lawmakers are backing draft legislation aimed at cutting the country’s “damaging” dependence on imports of materials, including those “critical”  to expanding battery storage and electric vehicle (EV) technology.

A bipartisan group of senators say the American Mineral Security Act is needed to help reduce reliance on countries such as China. 

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China’s Envision pledges EV battery costs of $50/kWh by 2025

Thu, 04/25/2019 - 12:40 -- John Shepherd
China’s Envision pledges EV battery costs of $50/kWh by 2025

The new Chinese owner of Nissan’s former international lithium-ion business has pledged to slash the cost of manufacturing electric vehicle battery cells to around US$50 per kWh by 2025.

Envision Group CEO Zhang Lei, whose Shanghai-based group recently finalised its acquisition of the Automotive Energy Supply Corporation (AESC), said: “The EV sector is facing three major challenges: safety, cost and grid integration. Digitalisation is the key to all of these.”

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Australia consortium to capitalise on battery boom

Fri, 04/12/2019 - 13:01 -- Hugh Finzel

A federal- and industry-backed consortium will be established in Western Australia to position the country as “a global leader in the manufacture and supply of batteries.”

The AUD135 million (US$97m) Curtin University-led ‘Future Battery Industries Cooperative Research Centre’ (FBICRC) includes 58 industry, government, and research partners.

The Australian federal government has committed AUD25m to support the FBICRC’s development, following a $28 million commitment from partners. Western Australia’s state government seeded the bid with AUD6m.

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Mitsui inks battery metals supply deal with Sigma

Wed, 04/10/2019 - 13:54 -- Hugh Finzel

Japanese chemicals company Mitsui is to pre-pay Sigma Lithium US$30 million under a strategic alliance agreement for the supply of battery-grade lithium concentrate.

Sigma will supply Mitsui with “up to 55,000 tonnes” of material annually for six years, with an option to extend for a further five years.

Sigma said the agreement provided for a significant portion of the funding required for capital expenditures and construction of Sigma’s commercial production plant at its Grota do Cirilo lithium project in Brazil.

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