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POSCO Chemical, GM in large-scale CAM supply agreement to support EV growth

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recently announced a binding agreement for a large-scale supply of Cathode Active Material (CAM) to help GM meet its fast-growing EV production needs. CAM is a key battery material consisting of components like processed nickel, lithium and other materials representing about 40% of the cost of a battery cell.

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GM signs major Li-ion supply chain agreements: CAM with LG Chem and lithium hydroxide with Livent

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General Motors announced two major Li-ion battery supply chain agreements, one with LG Chem for cathode active material (CAM), and one with Livent for the supply of battery-grade lithium hydroxide. —Jeff Morrison, GM vice president, Global Purchasing and Supply Chain.

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GM joins IRMA to certify sustainability and human rights in EV supply chain

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General Motors has joined the Initiative for Responsible Mining Assurance (IRMA), adding another element to company programs that support the sustainability and human rights of the EV supply chain. As automotive battery demand expands globally, access to battery materials is of increasing importance.

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GM and POSCO Chemical to process cathode active material at new $400M joint venture plant in Québec

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General Motors and POSCO Chemical are working with the governments of Canada and Québec to build a new $400-million facility in Bécancour, Québec, to produce cathode active material (CAM) for GM’s Ultium batteries, which will power electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ. Earlier post.)

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ARPA-E awarding $39M to 16 projects to grow the domestic critical minerals supply chain

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E) will award $39 million in funding to 16 projects across 12 states to develop market-ready technologies that will increase domestic supplies of critical elements required for the clean energy transition. The chemistry and process may enable the replacement of smelters for processing sulfide minerals. Idaho National Laboratory.

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Ultium Cells and Li-Cycle collaborate to expand recycling in North America

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Ultium Cells LLC, a joint venture between General Motors and LG Energy Solution, announced an agreement with Li-Cycle to recycle up to 100% of the material scrap from battery cell manufacturing. Ninety-five percent of these materials can be used in the production of new batteries or for adjacent industries. Ultium cells in module.

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Tsinghua researchers conclude surging lithium price will not impede EV boom

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Despite tight supply and high-point price fluctuation of lithium, the electric vehicle market is expected to maintain steady growth for the next few years. The price of lithium is likely to fall back to its pre-surge level by around 2025, according to the study, published in the journal Joule. Diversify supply sources.

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