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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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Anovion, with its partners, collaborators and stakeholders, will build 35,000 tons per annum of new synthetic graphite anode material capacity for lithium-ion batteries used in electric vehicles and critical energy storage applications. Gabriel, Louisiana, $100,000,000. Gabriel, Louisiana.

Parts 459
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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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The tight supply/demand situation for graphite electrodes is expected to persist for much longer than many market observers expect. At the same time, consumption of graphite electrodes in electric arc furnaces (EAFs) began to rise as the Chinese government took steps to halt production of poor quality induction furnace steel.

Price 207
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BASF acquires Novolyte Technologies for Li-ion battery electrolytes

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Novolyte is a manufacturer of electrolyte formulations for lithium-ion batteries, as well as specialty chemicals for several key market segments. The acquisition comprises Novolyte’s Energy Storage activities focused on developing, producing and marketing performance electrolyte formulations for lithium-ion batteries.

Li-ion 218