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Stellantis signs binding agreement with Element 25 for manganese sulphate supply for EV batteries; sourced in Australia, processed in US

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Stellantis and Australia-based Element 25 signed a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate (HPMSM) to Stellantis for use in electric vehicle (EV) battery packs. The geology and hence mining at Butcherbird are simple, according to the company.

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Lotte Chemical to invest $2.3B through 2028 to boost production of copper foil for EV batteries

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billion) through 2028 to boost production of copper foil for EV batteries, the company said. Lotte Energy Materials is a major copper foil producer and has long-term supply contracts with global battery companies both in Korea and abroad. Lotte Chemical plans to invest up to 3 trillion KRW ($2.3 In March, Lotte completed the 2.7-trillion

Malaysia 195
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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

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The two companies signed a memorandum of understanding in Seoul for comprehensive battery business cooperation for ESS (energy storage systems) and other clean-tech energy solutions. The two companies will also pursue technology cooperation for developing advanced ESS solutions tailored for commercial, industrial and utility market.

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Tesla supply chain: Biden team plans $52B funding to address chip shortage among US carmakers

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The CHIPS Act would establish investments and incentives to support semiconductor manufacturing, research & development, and supply chain security in the United States. Companies around the globe have been affected by the global chip shortage, including US automakers like Ford, General Motors, and Tesla. .

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EIA: As of 2021, China imports more LNG than any other country

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LNG imports accounted for more than half of China’s overall natural gas imports and 30% of China’s total natural gas supply in 2021. The largest six suppliers—Australia, United States, Qatar, Malaysia, Indonesia, and Russia—provided 8.9 China’s LNG imports averaged 10.5 Bcf/d in 2021. Bcf/d to 16.7 Bcf/d and CNOOC with 0.2

China 273
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Roskill: surge in electrodeposited copper foil projects to meet projected EV demand

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The primary factors determining the siting of new foil capacity include proximity to EV battery making customers; a site suitable for multiple expansion phases; locally available supplies of high-grade copper scrap (the primary raw material) and finally, a cheap and reliable electricity supply (the main manufacturing cost), Roskill said.

Malaysia 225
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GECF: more than a quarter of 2050 natural gas supply untapped

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The two-day Oil and Gas of Turkmenistan 2020 conference was organized by the Government of Turkmenistan and attracted the participation of regional and international energy companies, including CNPC, Dragon Oil, SOCAR, ENI, ARETI, Schlumberger, Hyundai, among others.