LevertonHelm has launched a new £30 million (US$40 million) lithium chloride production plant in Basingstoke, marking a significant investment in the UK’s battery materials infrastructure. With a production capacity of 10,000 tonnes per year, the plant is now the largest of its kind in Europe, converting lithium carbonate—imported primarily from South America—into a 40% lithium...
READ MOREPanasonic Energy has introduced a closed-loop recycling program for nickel used in lithium-ion battery cathodes, partnering with Sumitomo Metal Mining. The initiative, which repurposes battery scrap into new battery materials, marks Panasonic Energy’s first such recycling scheme in its automotive battery production in Japan. Under the agreement, nickel scrap from Panasonic Energy’s Suminoe Factory in...
READ MOREGreat Wall Motor (GWM) and Baowu Magnesium have signed a strategic cooperation agreement to establish a joint laboratory for magnesium product development aimed at accelerating the application of lightweight magnesium alloy technology in new energy vehicles (NEVs). The agreement was signed at the Haval Technology Center. The partnership aims to support China’s carbon neutrality goals....
READ MOREBelgian metals recycling company Umicore announced plans to reduce its capital expenditure by €1.4 billion ($1.51 billion) between 2025 and 2028, bringing total investments down to €1.6 billion. The company’s battery cathode materials division will bear the brunt of these cuts, with €800 million slashed from its budget due to weaker-than-expected electric vehicle (EV) sales...
READ MOREIndonesia Battery Corporation (IBC) has announced plans to develop a nickel-based electric vehicle (EV) battery recycling plant by 2031. The initiative, revealed by IBC President Director Toto Nugroho, aims to recycle more than 99% of battery components, supporting the long-term sustainability of Indonesia’s nickel industry. “The nickel used in car batteries can be recycled and...
READ MOREUmicore experienced a difficult 2024, with its performance affected by weaker demand for electric vehicles, declining metal prices, and economic challenges in the European industrial sector. Despite these pressures, the company’s core businesses remained stable, and efficiency measures helped mitigate some financial difficulties. Group revenues for 2024 were €3.5 billion, down from €3.9 billion in...
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