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Lotte Chemical to invest $2.3B through 2028 to boost production of copper foil for EV batteries

Green Car Congress

billion) through 2028 to boost production of copper foil for EV batteries, the company said. Lotte Energy Materials is a major copper foil producer and has long-term supply contracts with global battery companies both in Korea and abroad. Lotte Chemical plans to invest up to 3 trillion KRW ($2.3 billion) in two years.

Malaysia 195
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EIA: As of 2021, China imports more LNG than any other country

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In 2021, China imported more liquefied natural gas (LNG) than any other country, according to data from Global Trade Tracker and China’s General Administration of Customs, gathered by the US Energy Information Administration (EIA). Bcf/d, according to data by S&P Global Platts. China’s LNG imports averaged 10.5 Bcf/d to 16.7

China 273
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Hanwha and LG Energy to build battery production in US, targeting ESS and UAM

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The two companies signed a memorandum of understanding in Seoul for comprehensive battery business cooperation for ESS (energy storage systems) and other clean-tech energy solutions. The two companies will also pursue technology cooperation for developing advanced ESS solutions tailored for commercial, industrial and utility market.

Energy 199
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Tesla supply chain: Biden team plans $52B funding to address chip shortage among US carmakers

Teslarati

The CHIPS Act would establish investments and incentives to support semiconductor manufacturing, research & development, and supply chain security in the United States. Companies around the globe have been affected by the global chip shortage, including US automakers like Ford, General Motors, and Tesla. .

Supplies 145
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Roskill: surge in electrodeposited copper foil projects to meet projected EV demand

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From January to May 2021, more than a dozen new projects and expansions have been reported globally, Roskill said. South Korean company SK Nexilis has accelerated the completion of its domestic number five and number six plants in Jeongeup for Q3 and Q4 2021 to respond to supply shortages across the Asian market.

Malaysia 225
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GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

According to the latest available figures from the GECF Global Gas Outlook 2050, natural gas production in the Central Asian Republic is set to increase by 78% to reach the level of more than 141 billion cubic metres (bcm) by 2050, at a remarkable annual growth rate of 1.9%.

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Startup offers EV firms greener graphite in alternative to China – ET Auto

Baua Electric

An alternative energy startup in Malaysia is ready to help electric-vehicle makers source a key ingredient outside of China — using agriculture waste to create graphite. Synthetic graphite , which accounts for most of global production, is typically made from petroleum coke , in an expensive and carbon-intensive process. this month.

China 52