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Following the rise in production and adoption of electric vehicles (EVs) globally, the demand for battery materials is soaring. As some supply chains struggle to keep up, market participants are looking for strategic partnerships to create a more secure supply chain. With Fastmarkets forecasts and insights, you’ll get the help you need to:
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Putailai, one of the major anode producers in China, announced plans to invest $1.5 billion (SEK 15.7 billion) in Zichen Technology (Sweden) AB. to build Europe’s largest factory for anode manufacturing in Sundsvall in central Sweden
US carmaker Ford has secured long-term supplies of battery-grade lithium from major producers Albemarle and Sociedad Quimica y Minera (SQM)
With competition heating up for the metals that are critical for the energy transition, companies that use these metals have been tapping junior miners with significant deposits to ensure supply, even when the start of production at these mines are years away
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