UK startup Britishvolt, which has an ambitious plan to build one of the UK’s few large-scale battery factories, has secured £40 million in new investment from mining giant Glencore. Britishvolt aims to triple its funding with £200 million in a third funding round, with Glencore serving as the anchor investor. Earlier funding rounds valued Britishvolt… Read more »
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Britishvolt, a UK-based manufacturing firm that also has a strong presence in Canada, will soon be building battery cells in Quebec to serve the North American EV industry. Electric Autonomy Canada reports that Britishvolt is close to finalizing plans to build a 60 GWh battery cell factory, an R&D center, and an anode and cathode… Read more »
Metals and mining companies CMOC, Eurasian Resources Group (ERG) and Glencore, in collaboration with battery material supplier Umicore, are piloting Re|Source, a solution to trace responsibly produced cobalt from the mine to the EV. The pilot will be tested in real operating conditions, from upstream cobalt production facilities in the Democratic Republic of the Congo… Read more »
First Cobalt has announced positive results from an independent feasibility study conducted on its permitted cobalt refinery in Ontario, Canada. The study contemplates expanding the existing facility and adapting it to be North America’s first producer of cobalt sulfate, an essential component in the manufacturing of EV batteries. Study highlights: Annual production of 25,000 tons… Read more »