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Chinese firm joins Nissan battery buyout deal

Wed, 08/30/2017 - 10:20 -- News Editor
Chinese firm joins Nissan battery buyout deal

A Chinese lithium battery manufacturer is chipping in up to $100 million to join the takeover of Nissan’s battery business by Chinese private equity firm GSR Capital Advisors.

Zhejiang Unifull Industrial Fibre said in a stock exchange filing it had signed a framework agreement with GSR Capital to become a partner in funding the Nissan deal, which Nissan confirmed earlier this month.

 

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Lithium cell using recycled cathode materials to be tested

Wed, 10/19/2016 - 09:37 -- Xuan Zhong

Large-scale recycling of lithium-ion cathode materials moved a step closer to market readiness when two North American firms agreed on a testing program.

US metals firm American Manganese aims to commercialise its proprietary hydrometallurgical process for the recycling of cathode materials of multiple chemistries.

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Another Chinese lead-acid firm takes on lithium-ion

Wed, 07/06/2016 - 16:05 -- Paul Crompton
Another Chinese lead-acid firm takes on lithium-ion

China’s battery maker Guangdong Dynavolt has become the latest Chinese lead-acid firm to add a lithium-ion arm to its business on the back of plans to build an R&D centre for the chemistry.

The battery manufacturer has paid $2 million for a 33.33% share of Nevada-based 12V deep cycle lithium battery maker Dragonfly Energy.

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