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Evonik invests in Chinese graphene company SuperC

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Specialty chemicals company Evonik has invested in battery specialist SuperC. The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. Evonik has also its own global lithium-ion research center in Shanghai. billion in 2021.

Chinese 279
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Biden administration considers penalties for Chinese EV companies in Mexico

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The Biden Administration is considering penalties for Chinese electric vehicle (EV) automakers who are moving production to Mexico. On May 14, 2024, the Biden Administration released new tariffs on Chinese EV imports and other sectors to protect American workers and businesses in the United States. According to U.S.

Mexico 121
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Orocobre and Galaxy to merge, creating 5th largest global lithium chemicals company

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The resulting company will have a A$4-billion (US$3.1-billion) The merged entity will also be the fifth-largest lithium company by production according to Benchmark’s Lithium Forecast, with Orocobre and Galaxy’s active assets delivering a combined capacity of around 35,000 tpa LCE. —Galaxy Chairman Martin Rowley.

Companies 243
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Why New Production Sources of Tungsten Are Critical for Increased Global Supply

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and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles.

Supplies 380
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Benchmark: Africa’s lithium production to increase >10x this decade; potentially 12% of global supply

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Africa’s mined lithium production output is set to increase more than ten-fold this decade, according to Benchmark’s Lithium Forecast. Benchmark’s Lithium Forecast shows that the region is expected to account for just 4% of global mined lithium supply this year.

Namibia 195
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Stellantis production affected by cyberattack on Chinese supplier

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Multiple car brands under Stellantis were affected by a cyberattack on Chinese supplier, Yanfeng International Automotive Co. On Monday, November 13, Yanfeng’s website stopped working, resulting in many US-based automakers reporting disruptions in their production. Stellantis issued a statement about the production disruptions.

Chinese 117
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A.P. Moller - Maersk adds 7th methanol partnership; Chinese bioenergy company Debo

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Moller - Maersk (Maersk) has added a seventh methanol partnership with Chinese bioenergy enterprise Debo on the quest to boost global production capacity. Production Capacity Estimation Table. Production Capacity (end of year) tonnes/year. Strategic Partners. Type of fuel. after 2025. CIMC ENRIC. bio-methanol.

Chinese 150