South Korean chemical company LG Chem has published a paper in the scientific journal Nature Communications about the development of a temperature-responsive material capable of suppressing thermal runaway in lithium-ion batteries. The paper, “Thermal Runaway Prevention through Scalable Fabrication of Safety Reinforced Layer in Practical Li-ion Batteries,” reports on the work of the company’s Platform… Read more »
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Air Liquide to supply oxygen to LG Chem for US EV battery plant
French industrial gas supplier Air Liquide will invest around $150 million to expand its production capacity and pipeline network in Tennessee after signing a new long-term contract to supply oxygen to South Korean chemical producer LG Chem. Air Liquide will build, own and operate a second air separation unit (ASU), liquefier, storage and a pipeline… Read more »
LG Chem to supply cathode active materials to Toyota-Panasonic JV
South Korea’s LG Chem has secured a supply of cathode active materials (CAM) for EV battery manufacturer Prime Planet Energy & Solutions (PPES), a Japanese joint venture between Toyota Motor and Panasonic, starting in 2026. PPES has been supplying batteries to global OEMs including Toyota from its plant in Japan. LG Chem’s technical approach to… Read more »
LG Chem partners with Factorial to develop solid-state EV batteries
US-based solid-state battery technology developer Factorial Energy has signed a memorandum of understanding with South Korean battery materials developer LG Chem to develop solid-state battery materials for EVs. The agreement aims to combine LG Chem’s battery material capabilities with Factorial’s next-generation battery material and process innovations to accelerate the development of solid-state batteries. The two… Read more »
LG Chem, LX Hausys develop flame retardant to delay thermal runaway in EV batteries
Chemicals company LG Chem and technology manufacturer LX Hausys in South Korea have developed a material that can withstand a 1,500° C flame for over 20 minutes, delaying battery thermal runaway. The Special Flame-Retardant Continuous Fiber Thermoplastic (CFT) can withstand strong flames and high pressure 14 times longer than other thermoplastics, according to the company…. Read more »
LG Chem to build LFP cathode plant in Morocco
South Korea-based chemical company LG Chem and China’s Huayou Group have partnered to build a lithium-iron-phosphate (LFP) cathode materials plant. LG Chem is working to vertically integrate its cathode supply chain. The LG Chem-Huayou Group partnership will develop four plants: an LFP cathode material facility; a lithium conversion plant, also in Morocco; a high-pressure acid… Read more »
LG Chem targets sixfold sales growth in battery materials by 2030
LG Chem has announced a new strategy to become a top global battery materials company. CEO Shin Hak-cheol said at a recent battery conference in Seoul that LG Chem aims to grow its annual battery material sales sixfold, to KRW 30 trillion ($25.5 billion) by 2030. The expansion of the company’s battery business is part… Read more »
Piedmont Lithium and partner Sayona to provide lithium to LG Chem and Tesla from Quebec mines
Lithium producers are hustling to establish production in North America, and that’s a positive thing. However, it’s not going to happen at Silicon Valley speed. The mining industry has its own complex product cycles, and its own terminology, complete with plenty of acronyms. Piedmont Lithium’s joint venture partner, Sayona Mining, has released a definitive feasibility… Read more »
LG Chem invests $75 million in Piedmont Lithium
Battery manufacturer LG Chem will make a $75-million equity investment in Piedmont Lithium. This will result in LG Chem holding approximately 5.7% of Piedmont common shares. LG will also commit to the offtake of 200,000 metric tons of spodumene concentrate (SC6) from Piedmont’s jointly-owned North American Lithium over a four-year term. Piedmont has agreed to… Read more »
LG Chem to build major cathode plant in Tennessee
LG Chem has signed a memorandum of understanding to establish a new cathode manufacturing facility in Clarksville, Tennessee. Manufacturing plants for batteries and other EV components are popping up all over the country these days, and the announcements invariably mention President Biden’s Inflation Reduction Act, which offers incentives for companies to establish supply chains here… Read more »