Materials and surfaces developer Meta Materials has signed an agreement to acquire all the assets and intellectual property of Optodot, a nano-composite battery separator and coating technology company. The acquisition, valued at $48.5 million, includes 67 patents and 22 pending patents. One of Optodot’s patents is for its third-generation NPORE ECS (electrode-coated separator) technology. “Optodot… Read more »
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Livent to boost ownership of lithium hydroxide development project in Canada
Lithium supplier Livent has announced an agreement to boost its ownership of a lithium hydroxide development project called Nemaska Lithium to 50%. Livent says it expects the site in Quebec, Canada to begin production in 2025. “We believe that Nemaska, as a large and low-cost integrated lithium hydroxide project, will be an important part of… Read more »
Nano One buys North American LFP cell production facility
Battery cathode materials specialist Nano One has announced the acquisition of Johnson Matthey Battery Materials (JMBM), a Canadian company that operates one of the few LFP cathode production facilities in North America. Nano One will acquire all of the outstanding shares of JMBM for a total of $10.25 million Canadian ($8 million US). The deal… Read more »
Northern Graphite acquires graphite mines in Canada and Namibia
Graphite mining and processing company Northern Graphite has completed the acquisition of two graphite mines. Northern Graphite acquired the Lac des lles (LDI) mine in Quebec from a subsidiary of Imerys. The mine has been operating for over 20 years, and the company says it will produce up to 15,000 tons per year of graphite… Read more »
Britishvolt wants to build battery gigafactories around the world
Battery “gigafactories” are under construction all over the world—and none too soon. As EV sales grow, it is critical to establish local battery production and shorten supply chains. However, state-of-the-art cell packaging and chemistries are evolving quickly these days. How will cell manufacturers future-proof their cell production facilities? How flexible will these new plants be… Read more »
GM and Glencore enter multi-year cobalt supply agreement
GM and mining giant Glencore have announced a multi-year sourcing agreement under which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia, to be used in GM’s Ultium battery cathodes. Both Glencore and GM are members of the Responsible Minerals Initiative (RMI), and Glencore’s Murrin Murrin operation conforms to the OECD-aligned… Read more »
BASF inks land purchase agreement for battery site in Canada
Cathode active materials (CAM) producer BASF has signed an agreement to purchase land for a future CAM materials production, battery metals recycling and refining site in Quebec. The site is positioned beside the Saint Lawrence River in Bécancour. According to BASF, the site will “rely on competitive hydropower to further reduce the carbon footprint of… Read more »
LG Energy Solution and Stellantis to build battery manufacturing plant in Windsor, Ontario
A joint venture between battery-builder LG Energy Solution and automaker Stellantis will invest more than $5 billion Canadian ($4.1 billion US) to build an EV battery manufacturing plant in Windsor, Ontario, just across from Detroit. The battery facility will have an annual production capacity of 45 GWh, which will supply Stellantis plants in the North… Read more »
Battery recycler Lithion raises $99 million, inks Korean licensing deal
Battery recycling technology company Lithion has raised 125 million Canadian dollars ($99 million US) in a Series A funding round, and has granted construction and manufacturing firm IS Dongseo the exclusive right to use its lithium-ion battery recycling technology in the South Korean market. Canada-based Lithion will use the funding on a separation plant, a… Read more »
Taiga Motors produces electric snowmobile
Taiga Motors, a startup that makes electric off-road vehicles, has produced its first customer-ready electric snowmobiles, and is working to secure the necessary approvals to begin deliveries in early 2022. “Today represents [our] vision…coming to life as the first snowmobiles come off the production line,” said Sam Bruneau, Taiga CEO and co-founder. “With the sleds… Read more »