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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 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. GM already requires suppliers to meet its standards and adhere to company values throughout the supply chain.

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Government of Canada, Québec invest in GM-POSCO CAM plant in Québec

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The Government of Canada announced support for the latest cathode active materials (CAM) facility to be operational in Canada, to be built by a joint venture between General Motors (GM) and POSCO Future M in Bécancour, Québec ( earlier post ).

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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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The site’s construction will allow for future expansion opportunities as GM continues to pursue many potential future EV supply chain projects. —Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain.

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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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BMW Group shifting to cylindrical BMW cells in NEUE KLASSE from 2025; 46xx

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Among other things, this will optimize how energy is supplied to direct current high-power charging stations, which can achieve a much higher charging capacity with a current of up to 500 amperes – thus reducing the time it takes to charge the vehicle from 10 to 80 percent by up to 30%. The cell module level is thus eliminated. Earlier post.)

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Groundbreaking for Mercedes-Benz battery recycling factory in Kuppenheim, Germany

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The Primobius’ process flowsheet targets the recovery of valuable materials from consumer electronic batteries (devices with lithium cobalt oxide (LCO) cathodes), and nickel‐rich EV and stationary storage battery chemistries (lithiumnickel-manganese‐cobalt (NMC) cathodes).

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