Yesterday, Electra Battery Materials announced the signing of a three-year agreement to supply battery-grade cobalt to lithium-ion battery player LG Energy.
Solvay announced that the company will extend its rare earth separation capabilities to permanent magnet materials through an expansion at its La Rochelle plant in France.
The European Battery Raw Materials conference in Barcelona addressed a number of key challenges for building out an effective European battery supply chain. Constrained supply outlooks for battery-grade lithium and graphite were key points of discussion, with plans to classify lithium as toxic in Europe a notable potential own goal.
Energy Secretary Joao Galamba confirmed that the country will not commit to setting a new date for an auction of lithium mining licences as it awaits the conclusion of ongoing environmental impact studies at two potential mine sites.
Chinese investors Hong Kong Eagle International Investment and Pacific Goal Investment are set to build plants equipped to process metals including platinum, chromium, lithium and nickel.
The US Department of Defense (DoD) has awarded Perpetua Resources US$200,000 of funding to evaluate producing military-grade antimony trisulphide from its Stibnite Gold project in Idaho.
LPV aims to offer “pure play” exposure to physical vanadium while also addressing the costs associated with using vanadium in VRFBs.
Australian Strategic Materials’ subsidiary KSM Metals has signed a binding agreement with Korean company NS World for the sale of up to 10t of neodymium-praseodymium (NdPr) metal ingot from September to December 2022.
In her 2022 State of the European Union address, European Commission President von der Leyen noted that without secure and sustainable access to the necessary raw materials, Europe’s ambition to become the first climate-neutral continent is at risk.
PT Vale Indonesia and China’s Taiyuan Iron & Steel (TISCO) are setting up a 49:51 JV in Bahodopi, in the Morowali district in Indonesia, to produce 73-80ktpy of ferronickel. The ferronickel plant is planned to be commissioned in 2025 at an estimated cost of US$21Bn.
Oman Chromite Company (OCC) produced 25.9kt of chromite ore in H1 2022, up 177% year-on-year. Profits were up 145% year-on-year, supported by higher ore prices in H1 as well as lower costs, according to the company.
FerroAtlantica, the Spanish subsidiary of Ferroglobe, has announced the suspension of the last two furnaces in operation at its ferromanganese and silicomanganese plant in Boo.
Outokumpu, the integrated Finnish stainless steel producer, and Zimasco, the Chinese-owned ferrochrome producer in Zimbabwe, have announced suspensions of ferrochrome furnaces at their flagship operations.
Redwood Materials, a Li-ion battery recycler and parts remanufacturer, is seeking further expansion into Europe, a move that would allow it to strengthen and expand its newly formed collaboration with VW America.