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Australia trial for V-KOR vanadium battery

Fri, 06/15/2018 - 09:25 -- Xuan Zhong
Australia trial for V-KOR vanadium battery

A 25kW (100kWh) V-KOR vanadium battery has been installed in Western Australia as part of a trial micro grid energy storage project backed by a South Korean-Australian partnership.

Perth-based Protean Energy said the battery installation, at the site of an industrial manufacturer in Perth, will be isolated from the main electrical grid and used in combination with a 21-kilowatt solar photovoltaic system and a 21kW diesel generator.

 

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Steel firm Posco ramps up battery business with ‘new Korea cathode plant’

Tue, 06/05/2018 - 09:50 -- John Shepherd
Steel firm Posco ramps up battery business with ‘new Korea cathode plant’

South Korean steelmaker Posco is reportedly to build a $100 million lithium-ion cathode plant in the country next year as it expands its presence in the global batteries and raw materials market.

 

Posco’s new facility in Gwangyang, 423 kilometres southwest of Seoul, will have an annual production capacity of 6,000 tons, the company told South Korea’s Yonhap news agency.

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Seoul presses Beijing on ‘fair deal’ for battery makers

Wed, 05/30/2018 - 09:17 -- John Shepherd
Seoul presses Beijing on ‘fair deal’ for battery makers

South Korea has called on China to ensure “a fair business environment” for battery manufacturers to compete for business across the two countries. 

South Korea’s trade minister Paik Un-gyu (pictured) made the plea during a meeting with his Chinese counterpart Miao Wei in Seoul, the Yonhap news agency reported.

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BMZ ‘secures cells supply’ with LG Chem deal

Mon, 05/14/2018 - 10:13 -- Xuan Zhong
BMZ ‘secures cells supply’ with LG Chem deal

German lithium-ion battery developer and producer BMZ has signed a long-term battery cells supply deal with South Korea’s LG Chem.

BMZ said the contract covered supplies of “over a few hundred million cells” by the end of 2022 for products in the electro mobility and energy storage markets. 

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South Korea graphite ‘could bring battery independence’ from China

Fri, 05/04/2018 - 09:50 -- Xuan Zhong
South Korea graphite ‘could bring battery independence’ from China

Graphite being produced from two deposits in South Korea could be used to ease the country’s dependence on battery materials from neighbouring China, according to a report by Australia-listed Peninsula Mines.

Peninsula has started a  “test work programme” for material produced at its Eunha Graphite Project and Gapyeong Graphite Project in South Korea.

 

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US-Korea LIB recycling joint venture launch

Mon, 04/16/2018 - 10:30 -- John Shepherd
US-Korea LIB recycling joint venture launch

A new US-Korean joint venture has announced plans to launch a major lithium-ion batteries recycling operation in the US.

Metallica Commodities Corp (MCC) and SungEel HiTech said the new company, SungEel MCC Americas (SMA), will “redefine” the lithium-ion battery, e-waste recycling, energy and metals markets in North America— “where consumption of cobalt and lithium has outpaced supply in recent years”.

 

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Huayou partners with LG Chem as China-South Korea ‘battery wars’ thaw continues

Mon, 04/16/2018 - 10:19 -- Xuan Zhong
Huayou partners with LG Chem as China-South Korea ‘battery wars’ thaw continues

Another Chinese-South Korea investment deal has been done to produce lithium battery materials in China— in the latest sign of a thaw in economic tensions between the countries.

Chinese mining company Zhejiang Huayou Cobalt said its subsidiary, Huayou New Energy Technology, has signed a deal with South Korea’s LG Chem to launch two new joint venture companies at a total investment of some $645.6 million.

 

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Korean lead-acid firm to open first US battery plant

Mon, 04/09/2018 - 11:35 -- John Shepherd
Korean lead-acid firm to open first US battery plant

South Korean lead-acid battery maker ATLASBX is investing $75 million to open its first manufacturing plant in the US.

Tennessee state governor Bill Haslam confirmed the firm expected to complete construction of the plant in Clarksville, Montgomery Country, by 2020.

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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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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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