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EIB and Umicore conclude €125M loan for EV battery materials production in Poland

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The European Investment Bank (EIB) has signed a €125-million loan with Umicore, the Belgian-based global materials technology and recycling group, to finance part of the greenfield production facility for cathode materials in Poland. ska, EIB Vice-President overseeing operations in Poland. —Teresa Czerwi?ska,

Poland 243
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Umicore inaugurates CAM plant in Poland; complete battery materials value chain in Europe

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Umicore last week inaugurated its carbon-neutral production facility for cathode active materials (CAM) for electric vehicles in Nysa, Poland. Construction of the plant began in 2019 and production started in July this year. —Mathias Miedreich, CEO of Umicore. Currently, Umicore in Nysa employs about 240 people.

Poland 273
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Mercedes-Benz Cars to build battery factory in Jawor, Poland; ninth in its global network

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Mercedes-Benz Cars will build a battery factory at the site in Jawor, Poland, and thus extend its global battery production network to nine factories. After the production of high-tech engines, we will establish additional future technology in Poland. —Frank Deiß, Head of Production Powertrain Mercedes-Benz Cars.

Poland 249
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Umicore signs long-term agreement with Terrafame for supply of sustainable low-carbon nickel sulfate

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for the supply of low-carbon, sustainable high-grade nickel sulfate. The company says that its nickel sulfate production capacity can fill the needs of around one million electric cars per year. In January, Terraframe signed a nickel sulfate supply agreement with Stellantis. Earlier post.)

Supplies 150
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Mercedes-Benz opens Bibb County battery plant, ready for production of EQ vehicles in US; partnership with Envision AESC

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Mercedes-Benz has opened its new battery plant in Bibb County, Alabama, a few months ahead of the start of production of all-electric Mercedes-EQ vehicles in the United States. The Mercedes-Benz plant in Tuscaloosa, Alabama, has been the production plant for large SUVs since 1997. Earlier post.)

Mercedes 243
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Northvolt to build 100 GWh/year cathode material plant in Sweden; reusing shuttered pulp and paper mill

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The factory is expected to start the first part of its operations in late 2024 and will employ up to 1,000 people, utilizing 100% clean energy from the region. Fully built out, the site will have a potential annual production capacity of more than 100 GWh of cathode material, which will enable cell assembly at multiple Northvolt facilities.

Sweden 443
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EIA: US, Qatar and Russia provided almost 70% of liquefied natural gas received in Europe in 2021

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In 2021, a large share of Europe’s supply of liquefied natural gas (LNG) originated in the United States, Qatar, and Russia. In January 2022, the United States supplied more than half of all LNG imports into Europe for the month. Supply challenges in the European market have led to rising regional prices for natural gas.

Russia 416