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L&F to set up LFP cathode material production subsidiary
L&F to set up LFP cathode material production subsidiary South Korea's cathode material manufacturer, L&F Ltd. (L&F), announced that it will establish a new subsidiary dedicated to the production of LFP (Lithium Iron Phosphate), tentatively named L&F LFP. The new company will be capitalized at KRW 200 billion (JPY 20 billion) and owned 100% by L&F. L&F LFP will invest KRW 336.5 billion (JPY 37.02 billion) and is expected to secure a production c...
News Updated at: 2025/07/14
Purem by Eberspaecher develops exhaust air system for removing water vapor
omized exhaust air system for fuel cell systems that guarantees effective water management and compliance with applicable noise emission legislations. To protect the compressor unit and ensure efficient operation of the fuel cell stack, the condensate produced must be separated from the anode and cathode paths. The specially developed water separators from Purem by Eberspaecher are designed for high mass flows by ensuring low back pressure and ...
News Updated at: 2025/07/11
Mitsubishi Chemical to strengthen lithium-ion battery-related patent license business
vehicles and energy storage systems (ESSs) for data centers, the company intends to expand patent licensing to Japanese and overseas battery manufactures. The company licenses patents owned by MU Ionic Solutions Corporation, its subsidiary in Chiyoda Ward, Tokyo, relating to difluorophosphate-based cathode interfacial control technology. The technology improves output at low temperatures, and capacity retention for repetitive charging and dischar...
News Updated at: 2025/07/03
COBCO inaugurates battery material plant in Morocco
COBCO inaugurates battery material plant in Morocco On June 25, the Ministry of Industry and Trade, Morocco announced that COBCO has inaugurated its first industrial unit to produce active materials for electric batteries. COBCO is a joint venture between Moroccan investment fund AL MADA and CNGR. The facility will produce precursors for cathode active materials (pCAM) using Nickel-Manganese-Cobalt (NMC) technology. The site has an area of more t...
News Updated at: 2025/06/26
ElevenEs, Serbia signs new MoU for LFP battery recycling
ce Holding Company to establish a joint venture for recycling LFP battery waste. This collaboration aims to develop a sustainable solution for LFP battery recycling, focusing on prismatic cells, and will involve collecting and processing battery waste to produce “Black Mass” for use in new LFP Cathode Active Material. The MoU highlights a powerful international collaboration, bringing together diverse expertise from Europe, Asia, and North A...
News Updated at: 2025/06/24
China Construction Bank to finance cathode materials project in Morocco
China Construction Bank to finance cathode materials project in Morocco On June 17, multiple sources reported that the China Construction Bank (CCB) and Zhongwei New Materials signed a cooperation agreement to finance a project to produce ternary cathode materials used in lithium batteries for electric vehicles in Morocco. The agreement was signed on the sidelines of the fourth China-Africa Economic and Trade Expo. Based on multiple sources ...
News Updated at: 2025/06/23
Euro Manganese, Canada signs offtake deal with Integrals Power, UK to boost battery supply chain
eneration battery nano-materials company, for the sale of high-purity manganese sulphate from the Chvaletice Manganese Project in the Czech Republic. In the partnership, Euro Manganese and IPL will work together to use the company's high-purity manganese sulphate monohydrate (HPMSM) in IPL’s LMFP cathode materials for batteries used in electric vehicles, energy storage, defense, and other applications. The initial testing program to check if Eu...
News Updated at: 2025/06/20
Fino receives order for NCM precursors from L&F
Fino receives order for NCM precursors from L&F South Korea’s Fino Co., Ltd. won two orders for NCM (nickel, cobalt, and manganese) precursors from a South Korean cathode manufacturer, L&F Co., Ltd. The first contract is valid from June to September 2025, and the sales under the deal are expected to reach KRW 6.01 billion. That value is equivalent to 19.6% of Fino’s sales in the fiscal year ended December 2024, which totaled KRW 30.68 billion...
News Updated at: 2025/06/17
Posco Future M inaugurates factory in Gwangyang, South Korea
Posco Future M inaugurates factory in Gwangyang, South Korea A South Korean cathode material manufacturer, Posco Future M Co., Ltd., held a completion ceremony for its new precursor plant in Gwangyang, Jeollanam-do. The company plans to enhance its supply chain competitiveness by establishing a self-sufficiency system for precursors of cathode materials. The new plant can make 45,000 tons annually to meet the needs for 500,000 electric vehicles (...
News Updated at: 2025/06/12
Future Graph to build spherical graphite anode material plant in Saemangeum, South Korea
spherical graphite anode material factory in Saemangeum, Jeonbuk Special Self-Governing Province, investing KRW 440 billion (JPY 44 billion). The company was established in May 2025 as a subsidiary of Posco Future M Co., Ltd., a group company of the Posco Group in South Korea, and a manufacturer of cathode and anode materials. The new plant will produce 37,000 tons of spherical graphite a year from 2027. This amount is equivalent to 33,000 tons o...
News Updated at: 2025/06/12
Wanhua Chemical Battery Technology, China and ElevenEs, Serbia partner on cathode materials
Wanhua Chemical Battery Technology, China and ElevenEs, Serbia partner on cathode materials On June 6, ElevenEs Ltd. announced that it had signed a memorandum of understanding (MOU) with Wanhua Chemical Battery Technology Co., Ltd. to localize the supply chain of battery cathode materials in Europe. This collaboration aims to establish a comprehensive supply and technical partnership covering products such as LFP cathode materials, PVDF (polyviny...
News Updated at: 2025/06/09
BASF starts operation of Black Mass plant for Battery Recycling in Schwarzheide, Germany
f the biggest commercial Black Mass plants in Europe, with an annual processing capacity of up to 15,000 tons of end-of-life lithium-ion batteries and production scrap. This equals roughly 40,000 electric vehicle batteries per year. The Black Mass contains high amounts of key metals used to produce cathode active materials (CAM). Based on BASF press release...
News Updated at: 2025/06/03
Altilium, UK and JLR to present EV battery recycling collaboration at Battery Show Europe
Battery Show Europe, in Stuttgart, Germany. The initiative aims to establish a UK-based closed-loop supply chain for EV batteries by recovering and refining critical battery materials for reuse in new cells. The presentation will highlight how JLR and Altilium are working together to test recycled cathode materials for use in future EV batteries, helping reduce the need for new raw materials for the auto industry. Based on Altilium press release...
News Updated at: 2025/06/02
Posco Future M to secure LMR cathode material mass production technology by 2025
Posco Future M to secure LMR cathode material mass production technology by 2025 Posco Future M Co., Ltd. has unveiled a plan to secure mass production technology for lithium-manganese-rich (LMR) cathode materials by the end of 2025. LMR batteries are designed to enhance price competitiveness by significantly reducing the use of expensive cobalt and nickel, while increasing the use of inexpensive manganese. Additionally, they can achieve an energ...
News Updated at: 2025/05/30
Fino receives order for NCM precursors from L&F
Fino receives order for NCM precursors from L&F South Korea’s Fino Co., Ltd. said it won an order for NCM (nickel, cobalt, and manganese) precursors from a South Korean cathode manufacturer, L&F Co., Ltd. The contract is valid from May 2025 to August 2025, and the sales under the deal are expected to reach KRW 4.34 billion (JPY 434.23 million). That value is equivalent to 14.1% of Fino’s sales in the fiscal year ended December 2024, which tot...
News Updated at: 2025/05/27
Posco Holdings to accept third-party share allocation from Posco Future M
in the third-party share allotment of Posco Future M Co., Ltd. Posco Holdings will invest KRW 525.6 billion (JPY 52.56 billion) to acquire the full amount of the new shares based on its 59.7 % stake in Posco Future M. Posco Future M will use the additional fund to boost production capacities at its cathode material joint venture in Canada and cathode material plants in Pohang and Gwangyang, South Korea. (From a press release on May 13, 2025)...
News Updated at: 2025/05/27
ACC begins equipment testing at second Billy-Berclau Gigafactory unit, France
ACC begins equipment testing at second Billy-Berclau Gigafactory unit, France On May 21, ACC announced that the construction of the second unit at the Billy-Berclau Gigafactory (BBD2) in France is moving quickly. The first two mixing rooms are still being set up, while in the coating area, a walkway has been added to support large pipes for the NMP evaporation system, located next to the cathode furnace lines. A key milestone was reached in late ...
News Updated at: 2025/05/23
HSCL, India invests in International Battery Company, US
ounced a strategic investment of USD 4.43 Million to acquire a 16.24% stake in International Battery Company, Inc (IBC), a U.S. headquartered technology developer and manufacturer of chemistry-agnostic prismatic Lithium-ion (Li-ion) cells. The partnership will combine Himadri’s advanced anode and cathode materials with IBC’s prismatic cell technology. Himadri gains access to IBC’s manufacturing network in South Korea and its upcoming Bengal...
News Updated at: 2025/05/23
Fino receives order for NCM precursors from L&F
Fino receives order for NCM precursors from L&F South Korea’s Fino Co., Ltd. won an order for NCM (nickel, cobalt, and manganese) precursors from a South Korean cathode manufacturer, L&F Co., Ltd. The contract is valid from May to July 2025, and the sales under the deal are expected to reach KRW 3.4 billion. That value is equivalent to 11.0% of Fino’s sales in the fiscal year ended December 2024, which totaled KRW 30.68 billion. (From a press...
News Updated at: 2025/05/20
Mitsubishi Chemical and CATL enter into licensing agreement on LIB-related patents
subsidiary’s LIB-related patents. MU Ionic Solutions Corporation (MUIS, Chiyoda Ward, Tokyo), a subsidiary of Mitsubishi Chemical involved in the development, production, and sales of electrolytes for LIBs, and CATL signed the licensing agreement on the patents related to difluorophosphate-based cathode interfacial control technology developed by MUIS. The technology contributes to an improvement in LIBs’ performance for capacity maintenance...
News Updated at: 2025/05/19