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Roskill: Europe will still need to import more than 50% of Li-ion cathode materials from Asia by 2025

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However, despite Europe’s fast-expanding capacity of Li-ion battery production, its cathode materials production capacity is struggling to keep up. Roskill’s analysis suggests that by 2025, Europe will still have to import 56% of the cathode materials used for Li-ion battery production from countries like China and South Korea.

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Benchmark launches Li-ion Battery Raw Material Price Index

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Benchmark Mineral Intelligence has launched a Lithium-ion Battery Raw Material Price Index. The index is published every month for the following lithium ion battery chemistries: NCM High-Nickel (8 and 9 series blends, e.g. NCM 811, NCM 9). Lithium hydroxide (CIF Asia). Cobalt hydroxide (CIF Asia). Manganese sulfate.

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VinES and Li-Cycle announce strategic, long-term battery recycling agreement

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Li-Cycle Holdings and VinES Energy Solutions , a member of Vietnam-based Vingroup, signed a definitive agreement for a long-term recycling relationship. From 2024, Li-Cycle will become VinES’ strategic and preferred recycling partner for VinES’ Vietnamese-sourced battery materials.

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Testing shows Talga graphene silicon boosts capacity of Li-ion battery anode; Safevolt project

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Australian advanced materials technology company Talga Resources Ltd announced positive initial test results from the development of its graphene silicon lithium-ion anode in the UK. The Safevolt project is an enabler for industry wanting higher Li-ion battery capacity above the level of standard graphite (exceeding maximum 372 mAh/g).

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Battery Resourcers to open North America’s largest Li-ion battery recycling facility by August

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Battery Resourcers, a vertically integrated lithium-ion battery recycling and engineered materials company, plans to open a commercial-scale, lithium-ion battery recycling facility in Covington, Ga. The site is strategically located near several EV manufacturing hubs and lithium-ion gigafactories. 2021.09.005.

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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

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Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 Asia-Pacific (APAC) dominates the market and continues to be the highest revenue-generating region. However, Europe is expected to witness an aggressive expansion in its Li-ion battery and materials manufacturing capacity.

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Octillion Power Systems moves US headquarters to Richmond, Calif.; Li-ion packs for transportation and stationary storage

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Octillion Power Systems, a global provider of advanced lithium-ion batteries, has moved to a new US headquarters in Richmond, California. With demand for lithium-ion batteries continuing to grow, the new facility gives us a lot more space to expand. Earlier post.) The company’s North and South American operations will be based there.

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