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MP Materials and Sumitomo to strengthen rare earth supply in Japan

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and Sumitomo Corporation announced an agreement to diversify and strengthen rare earth supplies in Japan. Further, the companies will collaborate on the supply of rare earth metals and other products. MP Materials’ Mountain Pass facility is the largest source of rare earth production in the Western Hemisphere.

Japan 225
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Toyota to invest up to $5.6B in battery production in Japan and US

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billion in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing. The company aims to begin battery production between 2024 and 2026. and 10% by Toyota Tsusho Corporation) toward increasing automotive battery production.

Japan 273
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New USGS methodology identifies 23 mineral commodities the supply of which poses greatest risk to manufacturing

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Researchers at the US Geological Survey (USGS) and its partners have developed a new methodology to identify which mineral commodities important to US manufacturing are at greatest risk to supply disruption. The methodology evaluated the global supply of and US demand for 52 mineral commodities for the years 2007 to 2016.

Supplies 529
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Evonik investing in fumed aluminum oxide production plant expansion in Japan for battery applications

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Evonik is investing in a production plant expansion for fumed aluminum oxide at its site in Yokkaichi, Japan. The facility will be the company’s first alumina plant in Asia, focusing on the production of specialty solutions for lithium-ion battery technologies, used for electric vehicles.

Japan 243
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ENEOS begins joint study with Origin on Japan-Australia green hydrogen supply chain; MCH as transport medium

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ENEOS Corporation and Origin Energy signed a memorandum of understanding to conduct a study on a potential business collaboration for the development of a CO 2 -free hydrogen supply chain between Japan and Australia. Specifically, Origin will focus on use of renewable energy supply and water electrolysis cells for hydrogen production.

Australia 221
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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

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Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. CATL will be the supplier of lithium-ion battery packs for the Mercedes-Benz eActros LongHaul battery-electric truck, which is planned to be ready for series production in 2024. The supply will go beyond 2030.

Global 435
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BNEF: China dominates the Li-ion battery supply chain, but Europe is on the rise

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China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. In 2020, Japan and Korea rank number two and three respectively. —James Frith, BNEF’s head of energy storage.

Li-ion 459