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Compass Minerals signs non-binding agreement to supply LG Energy Solution with battery-grade lithium product starting in 2025

Green Car Congress

Under the terms of the MoU, Compass Minerals would supply LGES with with a battery-grade lithium product from its lithium brine development project at its Ogden, Utah, solar evaporation facility. The deal states that LGES be supplied of up to 150,000 dry metric tonnes per annum of spodumene concentrate, starting 2024.

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Johnson Matthey partners with Finnish Materials Group for second eLNO cathode plant; deals with Nornickel and SQM

Green Car Congress

Johnson Matthey also has signed a term sheet for the supply of nickel and cobalt from Russia-based Nornickel, and an agreement for the supply of lithium hydroxide from SQM—both agreements supporting a long-term sustainable supply of critical raw materials for battery materials production. Securing lithium supply with SQM.

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Debunking the Lithium "Mining" FUD

Plug In India

Considering a use case with the following supply chain, The total emissions for lithium extraction in Chile, which then stays in Chile for lithium processing and proceeds to Korea for cell manufacturing and vehicle assembly will be 1.5 tons of GHG (greenhouse gasses) per electric car [3].

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Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

An advantage of filtering the ultralight battery metal from salt water is that it avoids the need for costly and environmentally challenging open pit mines or large evaporation ponds, as employed in the world’s leading producers Australia and Chile.

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What Causes Electric Scooters to Be Expensive in India?

Get Electric Vehicle

There is already a huge surplus production due to a worldwide rush to put up massive battery manufacturing plants(Though the raw material supply is scarce). To substitute cobalt, several companies are experimenting with sulphur, sodium, and magnesium. They are scarce but hold roles in the proper functioning of the Li-ion batteries.

India 52