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Glencore, ACE Green in 15-year offtake agreement for recycled lead and Li-ion battery materials

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ACE Green Recycling (ACE), a global recycling technology and supply chain platform, and diversified mining firm Glencore plc will enter a long-term supply agreement for recycled lead as well as key battery-metal-based end products from recycled lithium-ion batteries. The parks are expected to be complete by 2024.

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Daimler buying more than €20B of battery cells for electric drive vehicles by 2030

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Daimler will buy more than €20 billion (US$23 billion) of battery cells for electric drive vehicles by 2030, the company announced. The suppliers are already producing battery cells in Asia and Europe and are continuing to expand in Europe and additionally in the US.

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Polypore sells itself; battery separators to Asahi Kasei for $2.2B, separations media to 3M for $1B

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Asahi Kasei projects significant growth in demand for Li-ion battery separators in the automotive segment. billion; as an integrated step in the transaction, Asahi Kasei Corporation, through a US subsidiary, will then purchase what remains of Polypore for $60.50 Batteries' Source: Asahi Kasei. per share in cash.

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