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

Green Car Congress

in the April report for the Institute for Supply Management’s Manufacturing Index. This primarily includes dealing with a strained supply chain on critical raw materials, like tungsten, to produce all of those EV-powered automobiles, cranes, trucks and more. New Tungsten Production Will Open the Global Supply Chain.

Supplies 380
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Roskill: Yahua-Tesla deal indicative of increasing capability and numbers of Chinese lithium convertors

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On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. 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.

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

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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. SK On has been actively building various cooperative relationships to strengthen the raw material supply chain.

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SK IE Technology to supply separators for EV batteries to Sunwoda

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SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.

Supplies 199
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Reflecting the concentration of lithium-ion battery manufacturers and associated cathode material producers in China, Japan and South Korea, the East Asia region has become an increasingly important consumer of lithium products over the last decade. Batteries Forecasts Market Background Materials'

Market 296
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Tesla battery supplier LG Energy Solution is looking to raise $11 billion for its IPO

Teslarati

South Korea-owned LG Energy Solution, which currently stands as the world’s second-largest electric vehicle battery maker after China’s Contemporary Amperex Technology (CATL), is looking to raise $11 billion as part of its efforts to play a larger role in the electric vehicle battery market. trillion, or about $59.4

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LG Energy Solution raises about $10.6 billion in South Korea’s biggest IPO to date

Teslarati

It is now the third-most valuable company in South Korea after Samsung Electronics Co Ltd (005930.KS) KS), according to The Korea Times. LG Energy Solution’s IPO is the largest equity fund raising in South Korea since Alibaba raised $12.9 LGES priced its IPO at 12.8 trillion won ($10.7