On July 8, President Trump said at a Cabinet meeting at the White House that he will impose a 50% tariff on copper imports and suggested more steep sector-specific duties are coming.
“Today, we’re doing copper,” Trump said at the Cabinet meeting. “I believe the tariff on copper, we’re going to make it 50%.” He did no

On February 25, President Donald Trump signing the executive order directing the government to consider possible tariffs on copper, the latest move by the White House to tax a wide array of imports and reshape global trade.
White House trade adviser Peter Navarro portrayed the move as an effort to stop China’s build

Several South Korean media sources reported that Solus Advanced Materials Co., Ltd. announced it will receive an investment subsidy of KRW 150 billion (JPY 16.5 billion) for its electric vehicle (EV) battery copper foil plant now under construction in Quebec, Canada. Volta Energy Solutions Canada, a subsidiary of Sol

On September 30, 2024, the Indonesia Battery Corporation (IBC) (PT Industri Baterai Indonesia) signed a Memorandum of Understanding (MoU) with Nuode Investment Co., Ltd. (Nuode) and China Hualong International Construction Corporation (SINORON) on the development of a new energy material ecosystem for batteries.
This

On September 6, multiple sources reported that Saudi Industry and Mineral Resources met with several Chinese lithium and copper mining companies. He discussed the processing and production of lithium, which is used in electric vehicle batteries, and the processing and refining of copper. He also discussed Saudi Arabi

South Korea’s Lotte Energy Materials Corporation announced that it had developed nickel-plated copper foil for solid-state batteries.
This product can be customized to meet clients’ needs in terms of nickel thickness and copper foil strength. The nickel surface treatment improves its adhesion to active materials and

Several South Korean media sources reported that Lotte Energy Materials Corporation will participate in the InterBattery 2024 in Munich, Germany, for three days from June 19, 2024.
The South Korean company will unveil its high-end copper foil, which has super-ultra-thin, high-tensile, and high-stretch, properties. It

On May 13, Eurobattery Minerals announced its application for its Finnish Hautalampi project to become a Strategic Project under the new Critical Raw Materials Act (CRMA) recently approved by the European Union (EU). 
This initiative aims to contribute to the EU's objective of ensuring access to a secure, diversified

On April 30, the Ministry of Industry and Commerce, Morocco, announced that the Alucop company inaugurated its new copper and aluminum smelter. The project is dedicated to the recovery of non-ferrous metal waste, particularly copper and aluminum.
It constitutes a first step towards the country's self-sufficiency in t

South Korea’s LS Cable & System Ltd. (LS Cable & System) announced that it will promote the full-scale production of CuFlake, a new material for copper foil for secondary batteries.
The company’s subsidiary, Korea Future Materials Co., Ltd., will build a new plant in Gunsan-si, Jeonbuk Special Self-Governing Province

On January 31, it was reported that Volta Energy Solutions, the world's leading manufacturer of copper foil for EV batteries and other high-tech industries, is expanding its business presence in the US EV market, and is looking to establish a viable supply chain.
Volta has already started construction on a new batter

A trading company of the Posco Group, Posco International Corporation, announced that it has signed a contract with Lotte Energy Materials Corporation, a South Korean manufacturer of copper foil for secondary batteries, on a supply of copper foil materials. Based on the deal, Posco International will supply materials

Stellantis has invested USD 120 million in McEwen Copper, a subsidiary of the Canadian mining company McEwen Mining, becoming the second largest shareholder in the “Los Azules” project, and ensuring part of the copper supply from the mine located in Argentina.
“Los Azules” is a project dedicated to the extraction of

Shanghai Putailai New Energy Technology Co., Ltd. (Putailai) announced the signing of a strategic cooperation agreement with Contemporary Amperex Technology Co., Ltd. (CATL) establish a long-term cooperation mechanism for composite copper foil current collector business. The two parties will  the R&D, manufacturing,

Lotte Energy Materials Corp., a leading Korean battery materials maker, plans to build a copper foil plant in the U.S. to meet growing demand for battery components from Tesla and other EV clients.
The company, formerly Iljin Materials Co., filed an application with the Delaware state government a week earlier to est

Several South Korean media sources reported Lotte Energy Materials filed an application with the Delaware state government to set up its U.S. subsidiary. Once the new subsidiary is established, the company will build a new plant to make copper foils for secondary batteries. The company is currently looking at three o

On September 14, ACCIÓ-Catalonia Trade & Investment announced that Lotte Energy Materials will invest in Mont-Roig del Camp (Catalonia) to produce copper foil (elecfoil), an essential component in the manufacture of electric batteries. It could reach EUR 1,200 million.
This investment is for constructing up to three

Several South Korean media sources reported that SK nexilis Co., Ltd. (SK nexilis) has signed a contract with a Japanese secondary battery manufacturer, AESC Group, to supply copper foils to AESC’s global production bases. The deal is valid for ten years from 2025, and the sales under the contract are expected to rea