The Volkswagen Group’s new battery subsidiary PowerCo and the Belgian materials technology group Umicore have established a joint venture for cathode and prematerial production in Europe. From 2025, the joint venture is to supply PowerCo’s European battery cell factories with key materials.
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The South Korean chemical company Lotte Chemical, together with Lotte Aluminium, is building a factory in the US state of Kentucky for the production of cathode foils for use in batteries for electric vehicles. The factory in Hardin County is scheduled to go into operation in 2025 and produce 36,000 tonnes of cathode foils.
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The US company Ascend Elements has announced plans to invest up to one billion US dollars in a factory to produce sustainable battery materials for electric vehicles in southwestern Kentucky. Production shall start at the end of 2023.
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The US manufacturer General Motors has signed agreements with LG Chem and Livent for the supply of battery materials. The company sees this as strengthening its goal of reaching one million units of electric vehicles in North America by the end of 2025.
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The Belgian materials technology and recycling group Umicore is investing C$1.5 billion ($1.2 billion) to build its first factory in North America for the mass production of cathode and precursor materials for electric vehicle batteries. This is to be built in the community of Loyalist in the Canadian province of Ontario.
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Slovakian battery company InoBat Auto and its recycling partners have succeeded in proving that recovered active cathode material can be used in the production of new batteries.
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The Chinese battery cell manufacturer and Volkswagen partner Gotion High-Tech has started production of LFP cathode material in Hefei. The factory is expected to have an annual production capacity of 200,000 tonnes when completed.
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LG Chem has formed a joint venture with B&M, a subsidiary of the Chinese company Huayou Cobalt, to produce cathode materials. A second joint venture is to be set up with Kemco to manufacture precursors for cathodes.
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Pure Battery Technologies (PBT), an Australian specialist in cathode materials for use in electric car batteries, has received an investment from WIT InnoEnergy. The money will be used to finance the establishment of industrial mass production in Germany.
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Canadian battery developer Nano One and German chemical company BASF say they have signed a joint development agreement (JDA). The companies plan to co-develop a process with reduced by-products in the production of next-gen cathode materials.
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After the British chemical company Johnson Matthey surprisingly announced its withdrawal from the business with battery materials for the automotive industry in November 2021, parts of the business are now being sold to EV Metals Group and Nano One Materials.
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IBU-Tec Advanced Materials has signed a Memorandum of Understanding with Norwegian battery producer Morrow Batteries for the supply of LFP cathode material for a pilot plant of up to 200 tonnes per year.
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The Chinese battery manufacturer and Daimler partner Farasis Energy says it has developed and validated a sustainable direct recycling process for lithium-ion batteries. The crystalline structure of the cathode material is to be preserved, which enables a cost- and energy-saving reuse of the material.
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Materials technology and recycling group Umicore and the Automotive Cells Company (ACC) battery cell joint venture between Stellantis, Total and Mercedes-Benz have signed a long-term supply agreement for cathode materials in Europe.
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LG Energy Solution has acquired a license from the US company CAMX Power for the intellectual property of its ‘GMEX platform’. The South Korean battery cell manufacturer is primarily interested in nickel-based cathode materials for use in lithium-ion batteries.
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BASF has announced its intention to produce cathode materials and recycle batteries in the Canadian province of Québec from 2025. To this end, the company has now signed an agreement that secures BASF a plot of land in Bécancour.
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CATL has begun construction of a large industrial park in the Chinese city of Yichang for the production of battery materials for electric vehicles and the recycling of batteries. The first phase is scheduled to be commissioned in 2023 and the entire project completed in 2025.
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General Motors and Posco Chemical have announced a joint factory in North America to process active cathode material for GM’s Ultium electric vehicle platform. Details are expected to follow shortly – when the joint venture is officially formed.
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According to media reports, in an expansion of its Tongxiang site, South Korean company Posco is planning to build two new plants for electric vehicle battery materials in China. One plant is to be for cathode materials and another for precursors. Both are scheduled to go into operation in 2023.
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Lithium Werks wants to build North America’s largest plant for the production of cathode powder and electrodes for lithium batteries. In addition to LFP cathode powder, the factory will also produce nanophosphate powder developed by MIT and finished electrodes for battery cell manufacturers.
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Blackstone Technology, the German subsidiary of the Swiss commodities company Blackstone Resources, has signed a cooperation agreement with IBU-Tec Advanced Materials. The Weimar-based company is to produce lithium iron phosphate cathode materials for Blackstone on its facilities.
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Johnson Matthey has a new partnership to show the eLNO cathode material technology in action. The company teamed up with Formula E team Envision Virgin Racing. They will co-develop what the companies consider the “first-ever” electric race car powered by JM’s new batteries.
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Umicore and Samsung SDI have signed a strategic agreement to supply nearly 80,000 tonnes of NMC (Nickel Manganese Cobalt) cathode material from 2020. The supply will come from Umicore plants in various regions, most of them initially from Korea.
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In the UK, the Faraday Institution has announced that it will award up to £55 million to five UK-based consortia for research on battery chemistries, systems and manufacturing methods. The research should accelerate battery improvements for transport and grid storage.
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BASF is attempting to lower the nickel ratio in battery chemistry and also to work towards zero cobalt content. The goal is to reduce costs while supplying the growing market for cathode materials for electric vehicle batteries.
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The Belgian recycling and material company Umicore will be opening their announced first European cathode material factory in the Polish city of Nysa. The cathode materials will be used for EV batteries.
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Korea’s largest steelmaker Posco will build a second cathode production facility in the country next year. It will produce 6,000 tons of cathode a year before they are to expand production capacity to 50,000 tons by 2022.
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In a move to secure its cobalt supply for lithium batteries, Korea’s LG Chem has agreed to build two joint ventures with China’s Zhejiang Huayou Cobalt. The JVs are expected to start producing 40,000t a year of precursors and cathodes from 2020.
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