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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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Syrah’s Vidalia facility is an integrated milling, purification, coating, and surface treatment operation producing on-specification active anode material (AAM), using natural graphite from Balama graphite operation in Mozambique. Ascend Elements , Apex – Integrated Sustainable Battery Precursor, $316,186,575.

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ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

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Woods said that ExxonMobil has faced numerous market downturns throughout its long history and has experience operating in a sustained low-price environment. The company is closely monitoring the COVID-19 pandemic and has adjusted work arrangements to ensure a healthy work environment and support communities where it operates.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF).

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