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POSCO begins construction of S Korea’s first lithium hydroxide plant

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POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. POSCO Group’s lithium brine demo plant in Argentina.

Argentina 369
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CCM forecasts 5-fold growth in China Li-ion market by 2017 to meet EV demand

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Growing demand for electric vehicles (EVs) in China is triggering an explosion of investment in the lithium-ion battery industry, with China’s production of power lithium-ion batteries set to jump 400% by 2017, according to market research firm CCM.

Li-ion 150
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Roland Berger and fka Index: China to dominate EV market and industry in foreseeable future

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In the latest E-Mobility Index report (2Q/2017), consultancy Roland Berger and partner Forschungsgesellschaft Kraftfahrwesen Aachen (fka) find that China has for the first time moved into the pole position. The consultancy says that China will dominate both the market and the industry in the foreseeable future. Technology.

China 150
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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

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Comparatively, EV manufacturing has increased at a faster rate in China, which made up 44% of global EVs manufactured through 2020, up from 36% in 2017. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017. In terms of annual EV production, Europe’s 1.1 million nearly matched China’s 1.27

Global 397
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Roskill is an international metals and minerals market research firm. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes. Source: Roskill.

Market 296
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New fka and Roland Berger E-Mobility Index finds China best prepared for electric mobility among all automotive nations

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China continues to be the leading country for e-mobility in terms of industry and market, according to the E-Mobility Index 2019 from fka GmbH and Roland Berger GmbH. Japanese manufacturers are placing few new all-electric vehicles on the market. In terms of industry, China and USA share first place.

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Pike Research forecasts stationary fuel cell sales to reach 1.2M units annually by 2017

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Stationary fuel cell revenue by market sector, world markets: 2011-2017. million units annually by 2017. million units annually by 2017. By the end of the forecast period, each of these applications will contribute to an annual total market value of $9.5 Source: Pike Research. Click to enlarge.

2017 218