Traceability—the ability to document the sources of raw materials and components—is becoming a critical concern in the battery field as regulators incorporate country-of-origin requirements into new programs such as the EU Battery Regulation and the US Clean Vehicle Tax Credit. Now SQM (Sociedad Química y Minera), a major lithium producer, has announced a collaboration with… Read more »
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SK On signs 5-year lithium hydroxide supply deal with SQM
Battery manufacturer SK On has signed a lithium hydroxide supply deal with Chile’s SQM. The terms of the agreement will enable SK On to purchase up to 57,000 tons of lithium hydroxide over the course of five years starting in 2023—enough to produce batteries for approximately 1.2 million EVs. Obtaining lithium from SQM will help… Read more »
Electric Era announces investment from Chevron Technology Ventures to Scale PowerNode EV charging stations
Electric Era Technologies, maker of PowerNode high-speed EV charging stations, has announced an investment from Chevron Technology Ventures. The investment is aimed at accelerating the deployment of Electric Era’s charging stations to gas stations and convenience stores throughout the US. The new investment is part of Electric Era’s series A financing, led by HSBC Asset… Read more »
Electric Era raises $11.5 million to scale production of its EV fast charging stations for convenience stores
Electric Era, the manufacturer of PowerNode EV fast charging stations, has raised $11.5 million in a Series A financing round led by HSBC Asset Management. Other participants include SQM Lithium Ventures, Blackhorn Ventures and Proeza Ventures. The new funding brings the company’s total funding to $19 million. Electric Era will use the new funding to… Read more »
Ford signs lithium and nickel deals to secure IRA-compliant supply
One way to gauge how serious an automaker is about electrification is to consider whether it’s securing supplies of the raw materials that will be required to build large quantities of EVs (as opposed to just issuing press releases about EVs). The US Inflation Reduction Act, which includes strong incentives to use raw materials sourced… Read more »
Has CATL launched a lithium price war? (Let’s hope so!)
A few days ago, share prices of lithium miners including Albemarle, SQM, Livent, Piedmont Lithium and Lithium Americas ,plunged, losing as much as 9% on a day when the S&P 500 dropped only a fraction of a point. There had been no major moves on the commodities market, and investors not privy to inside information… Read more »
LG Energy Solution partners with three Canadian cobalt and lithium suppliers
LG Energy Solution has signed separate partnership agreements with three mineral suppliers in Canada. LGES will purchase cobalt from Electra Battery Materials, and lithium from Snow Lake Resources and Avalon Advanced Materials. LGES signed a binding term sheet with Electra, which will supply 7,000 tons of cobalt sulfate for three years starting in 2023. Electra… Read more »
Roskill report shows concern over water consumption in lithium brine production
Roskill’s Lithium, Outlook to 2031, 18th Edition report examines the environmental, social and governance (ESG) concerns surrounding current lithium production. One environmental concern of the downstream sector is water consumption at lithium brine facilities, which operate in some of the driest areas on the planet. These operations take large volumes of water and brine for… Read more »
New paper examines environmental impact of brine-based lithium extraction
A new paper from Argonne National Laboratory (ANL) analyzes the process of extracting lithium from brine. In “Energy, Greenhouse Gas, and Water Life Cycle Analysis of Lithium Carbonate and Lithium Hydroxide Monohydrate from Brine and Ore Resources and Their Use in Lithium Ion Battery Cathodes and Lithium Ion Batteries,” published in the journal Resources, Conservation… Read more »
Battery recycling plant at Port of Rotterdam to open in 2022
TES, a provider of sustainable technology lifecycle services, has taken over a recycling facility at the Port Of Rotterdam, Europe’s largest seaport, from Battery Recycling Services Netherlands. TES plans to focus the facility on the recycling of lithium-ion batteries. TES already operates similar facilities in Grenoble, France and in Singapore. The facility currently covers 10,000… Read more »