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Roskill: Yahua-Tesla deal indicative of increasing capability and numbers of Chinese lithium convertors

Green Car Congress

The total value of the contract is reported to be US$630-880 million, with Yahua Lithium to provide battery-grade lithium hydroxide to Tesla from 2021 to 2025. Yahua Lithium commissioned the Ya’an plant in May 2020 with 20ktpy of capacity for battery-grade lithium hydroxide.

Chinese 305
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SK On, EcoPro Materials and GEM to build battery precursor plant in South Korea

Green Car Congress

SK On will partner with Korea’s largest cathode material company EcoPro, and Chinese battery materials producer GEM to build a battery core material production facility in Saemangeum, South Korea. The three companies together will spend up on 1.21

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South Korea to hold emergency meeting to discuss EV fire safety

Teslarati

Tesla 4680 cells closer to mass production with LGES & Samsung SDI According to local media, an anonymous official from South Korea’s transport ministry said the government aims to require EV manufacturers to disclose the brand of batteries they use in their vehicles.

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Kia & Hyundai unfazed by BYD’s EVs in South Korea

Teslarati

Kia and Hyundai are unfazed by BYD’s electric vehicles launching in South Korea. Earlier this month, Chinese automaker BYD announced it would enter South Korea’s passenger car market in 2025. BYD entered South Korea’s commercial car market in 2016 but has yet to launch a passenger car there.

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

Green Car Congress

In the last year, there has been an explosive need for EV batteries. One project of particular importance is the Korea Tungsten project located in the Sangdong Mine of South Korea, which hosts one of the largest tungsten resources in the world. by Lewis Black, CEO of Almonty Industries. What’s more, U.S. government.

Supplies 380
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes.

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S. Korea to Invest Some $12.4B Over 10 years to Become Dominant in Rechargeable Li-ion Batteries

Green Car Congress

South Korea will invest up to 15 trillion won (US$12.4 billion) in the next 10 years to become the world’s dominant producer of rechargeable batteries. One aim of the Battery 2020 project is to boost local sourcing for parts and materials, and further develop local technologies to boost competitiveness and growth.

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