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Ganfeng Lithium finalises Argentina mine partnership with Lithium Americas

Tue, 08/20/2019 - 15:42 -- Paul Crompton
China, Ganfeng Lithium, Argentina, Cauchari-Olaroz, lithium brine

China’s Ganfeng Lithium has finalised a US$160 million investment deal to raise its stake in Argentina’s Cauchari-Olaroz lithium brine project to 50%.

China's largest lithium compounds producer Ganfeng Lithium will now partner Canada’s Lithium Americas (LA) in a 50-50 joint venture that will develop and operate the project.

 

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Chinese LIB components firm ups stake in Australian lithium miner

Thu, 07/25/2019 - 09:58 -- Paul Crompton
Chinese LIB components firm ups stake in Australian lithium miner

Chinese lithium battery components producer Ningbo Shanshan has strengthened its supply chain by increasing its stake in Australia’s Altura Mining.

Altura said Shanshan would invest AUD$22.4 million (US$16m) and become the lithium miner’s single-largest shareholder, with a stake of 19%, subject to completion of various regulatory approvals.

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China rejects lead waste shipment in crackdown

Thu, 07/18/2019 - 11:03 -- John Shepherd
China rejects lead waste shipment in crackdown

China has sent back a 150-ton shipment of sludge derived from recycled lead-acid batteries as part of its new policy to ban imports of global waste.

Customs chiefs in the city of Yantai, in the eastern Shandong Province, seized 153 tons of lead sludge during an inspection and ordered it sent back to the source, which has not been named, the state Xinhua News Agency reported.

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Policy, costs and reform to power China’s energy storage market future

Wed, 07/17/2019 - 11:25 -- Paul Crompton
Policy, costs and reform to power China’s energy storage market future

China will dominate Asia Pacific’s energy storage market within five years as the country’s installed capacity goes through a rapid expansion, according to industry analysts Wood Mackenzie Power & Renewables.

The country will leap frog its neighbour South Korea to become the number one energy storage market in the region by 2024 with 12.5GW/32GWh of installed capacity— up from 489MW/843MWh in 2017.

 

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European gigafactory part of Li-ion firm’s 100GWh global roadmap

Wed, 07/17/2019 - 11:13 -- Paul Crompton
European gigafactory part of Li-ion firm’s 100GWh global roadmap

Chinese firm Svolt Energy Technology has announced plans to build a 20GWh lithium-ion battery manufacturing facility in Europe. 

Although the location of the plant has not been disclosed, the company has said it is looking at Eastern Europe and Belt & Road Initiative countries (a Chinese government initiative that connects countries and international organisations).

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Chinese battery group invests in billion-dollar expansion

Thu, 07/04/2019 - 16:36 -- John Shepherd
Chinese battery group invests in billion-dollar expansion

The Aviation Industry Corporation of China (AVIC) is to invest CNY10 billion (US$1.5bn) in building a new lithium battery plant in the country.

State-owned AVIC said the plant in Xiamen, in China’s southeastern Fujian Province, will have an eventual annual production capacity of 20GWh across a 570 square metre site.

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China battery tariffs threat ‘would hit US storage plans’

Wed, 06/12/2019 - 11:16 -- John Shepherd
China battery tariffs threat ‘would hit US storage plans’

Proposed tariffs on Chinese lithium-ion batteries and related equipment would have “an immediate and adverse effect on grid energy storage deployments”, US leaders have been warned.

President Donald Trump has threatened to slap tariffs on a further $300 billion worth of Chinese exports to the US if Chinese president Xi Jinping does not meet him at the G20 summit of world leaders in Japan later this month.

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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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Saft expands China Ni-Cd plant for rail projects

Wed, 05/22/2019 - 11:01 -- John Shepherd
Saft expands China Ni-Cd plant for rail projects

Saft has expanded its Zuhai battery cells plant in China to ramp up production for rail projects in Asia.

The French battery maker said on 20 May its new assembly line for MRX and MSX nickel-cadmium battery cells— which increases the plant's production capacity by up to 19 megampere-hours per year— is Saft’s “most important development in Asia” since it moved Zuhai to its existing 12,000m² site.

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SK Innovation to expand battery production in China

Wed, 05/15/2019 - 18:02 -- John Shepherd
SK Innovation to expand battery production in China

South Korea’s SK Innovation (SKI) is to build a second battery manufacturing plant in China in response to increasing global demand from the electric vehicle sector.

CEO Kim Jun (pictured) said the company intends to invest 579.9 billion Korean won (US$488 million) in the lithium-ion batteries project, which will be a joint venture with the Beijing Automobile Works Company— a subsidiary of the state-owned BAIC Group. 

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