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China’s Yichun city cracks down on illegal lithium mining amid weak market
The local government of Yichun city in China’s Jiangxi province has begun a crackdown on illegal lithium mining in the city, it said on Friday February 24
February 28, 2023
·
By Zihao Li
Insights
Proposed Finnish LFP cathode plant expands Europe’s battery value chain
Competition with Asia to bring the battery value chain to Europe intensifies as mining company Finnish Minerals Group and battery cell manufacturer Freyr Battery explore the possibility of producing LFP cathode material
February 21, 2023
·
By Dalila Ouerghi
Insights
Ford’s new LFP plant marks expansion of chemistry in NCM-dominant US market
US automotive manufacturer Ford’s announcement that it would invest $3.5 billion to build a lithium iron phosphate (LFP) plant in the US state of Michigan marks the chemistry’s adoption in a nickel cobalt manganese (NCM) dominated market
February 20, 2023
·
By Justin Yang
Insights
LG Chem secures spodumene from Piedmont Lithium for US operations
Junior miner Piedmont Lithium has agreed to provide South Korean cathode maker LG Chem with 200,000 tonnes of spodumene concentrate (SC6%) over a four-year period, it said on Thursday February 16
February 20, 2023
·
By the Fastmarkets team
Insights
India finds 5.9 million-tonne lithium deposit
The Geological Survey of India discovered a new lithium deposit containing 5.9 million tonnes of inferred lithium resources in the country’s Salal-Haimana area of the Reasi District of Jammu and Kashmir, the Indian government said on Thursday February 9
February 15, 2023
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By Zihao Li
Insights
Rock Tech Lithium, Transamine partnership highlights urge to secure critical raw materials
While the energy transition gathers momentum globally, participants active across the battery value chain in Europe are continuing projects at a speedy case
February 10, 2023
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By Dalila Ouerghi
Insights
Livista Energy and CAA Mining team up to create a lithium processing facility in Ghana
Africa’s downstream lithium processing capabilities could be getting a boost from a collaboration between Livista Energy and CAA Mining in Ghana, Livista said on Monday February 6
February 8, 2023
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By the Fastmarkets team
Insights
Japan pins hope on all-solid-state lithium batteries (ASSLB) as it falls behind in battery race
Japan was where the world’s first lithium-ion battery and hybrid vehicle were made, but the country is aware that its position in the production of both battery materials and battery cells is falling behind its Asian peers, Fastmarkets heard on Tuesday, January 31
February 2, 2023
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By Julian Luk
Insights
GM deal the poster child for the US’ Inflation Reduction Act | Hotter on metals
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
February 1, 2023
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By Andrea Hotter
Insights
Tesla expects rising credits while IRA drives investment
Tesla expects tax credits from the US Inflation Reduction Act (IRA) to be worth $150-250 million per quarter this year to the automaker and increase through the year as its car volumes grow, according to the company’s chief financial officer
January 27, 2023
·
By Andrea Hotter
Insights
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