UK-based clean technology group Altilium has announced a new partnership with LevertonHELM, the UK subsidiary of German chemical firm HELM, to develop a sustainable domestic supply chain for lithium in the UK. By combining Altilium’s expertise in recovering battery materials from spent batteries with LevertonHELM’s lithium production capabilities, the partnership aims to reduce the UK’s… Read more »
Search Results Found For: "lithium metal"
Volkswagen invests C$69 million in Patriot Battery Metals for PowerCo supply
German automaker Volkswagen is investing C$69 million ($48 million) to acquire a 9.9% stake in lithium exploration company Patriot Battery Metals and secure an offtake commitment for its battery manufacturer PowerCo to supply 100,000 tonnes of spodumene concentrate per year over a 10-year term and a potential 5-year extension period. Patriot will use the proceeds from… Read more »
T&E study finds recycling battery metals could supply up to a quarter of Europe’s EVs by 2030
Materials recovered from end-of-life batteries and gigafactory scrap have the potential to build up to 2.4 million EVs in Europe by the end of the decade, cutting the continent’s reliance on mineral imports, according to research by non-governmental sustainability group Transport & Environment (T&E). Recycling spent battery cells and production scrap could provide 14% of… Read more »
Boston-based Pure Lithium acquires cathode materials provider Dimien
Boston-based lithium metal battery technology company Pure Lithium has acquired the assets of private US vanadium cathode materials company Dimien. The purchase aims to accelerate the development and commercialization of Pure Lithium’s lithium metal vanadium (LVO) battery. Dr. Brian Schultz, Dimien founder and CEO, will become Pure Lithium’s VP of Business Development and Technology, and… Read more »
Rio Tinto to acquire Arcadium Lithium in $6.7-billion deal
British-Australian multinational mining and metals company Rio Tinto and global lithium producer Arcadium Lithium, headquartered in Ireland, have made an agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for $5.85 per share. The deal will bring Arcadium’s lithium business into Rio Tinto’s portfolio of commodities that include aluminum, copper, high-grade iron… Read more »
Lyten to build lithium-sulfur battery gigafactory in Nevada
Lithium-sulfur batteries, which feature high energy density, and don’t need problematic minerals such as nickel, cobalt, manganese and graphite, are widely seen as a possible replacement for today’s lithium-ion batteries. Lyten, which calls itself a “supermaterial applications company,” has long been a pioneer in Li-S technology. Now the company has announced plans to invest more… Read more »
H2020 SOLiDIFY consortium produces prototype solid-state lithium battery
The H2020 SOLiDIFY consortium, coordinated by Belgian research organization Imec, has developed a lithium-metal solid-state battery with high energy density. The prototype battery pouch cell, manufactured by Imec in the assembly lab at EnergyVille, Belgium, has a “liquid-to-solid” processed solid electrolyte, which was jointly developed by Imec and its 13 consortium partners. The cell has… Read more »
KoBold Metals wants to use AI to find battery metals
The miner’s traditional tools, a hammer and pick, don’t resemble a notebook computer in the slightest, but Kurt House and Josh Goldman, the founders of KoBold Metals, a company focused on finding new sources of metals for use in electronic systems, consider the latter an indispensable mining tool. The Berkeley, California-based company plans to modernize… Read more »
Bloomberg introduces new lithium and cobalt indices to be listed on the COMEX
Bloomberg Index Services (BIS) has announced the introduction of new commodity market indices that will track the performance of lithium and cobalt futures contracts. The single-commodity indices will be designated BCOMLM and BCOMLMT for lithium and BCOMCB and BCOMCBT for cobalt. BCOM stands for Bloomberg Commodity Index, a type of broadly-diversified commodities price index published… Read more »
BASF begins operations at prototype metal refinery for EV battery recycling
Chemical producer BASF has started operating its prototype metal refinery for battery recycling in Schwarzheide, Germany. The plant is focused on the development of operational procedures and the optimization of battery recycling technology, processing end-of-life lithium-ion batteries and battery production scrap. This will facilitate the optimal recovery of metals such as lithium, nickel, cobalt, manganese… Read more »