Battery Metals

Japan will provide as much as $1.8 billion in subsidies for a slate of storage battery and chip-related projects, Industry Minister Yasutoshi Nishimura said on Friday, marking Tokyo’s latest push towards greater supply chain security. The government plans to give up to 184.6 billion yen ($1.38 billion) in subsidies for eight storage battery-related proposals and up […]

The Philippines is working to woo investment into its domestic nickel processing sector, the environment minister said on Thursday, as the resource-rich country looks to squeeze value out of its metals and minerals industry. Already a major nickel ore supplier to top metals consumer China, the Philippines must now move up the value chain, Environment […]

A formula that can draw important conclusions about a battery’s internal components and condition from the way alternating currents move through it has been developed by Michigan Engineering researchers. It could help researchers identify battery faults during operation and design safer batteries. To ensure battery safety and performance, the industry needs effective techniques to monitor and diagnose […]

The German government plans to set up a state fund worth up to €2 billion ($2.2 billion) that will support mining of raw materials critical to the nation’s green transition, with the aim of securing access and cutting reliance on China. The new financing vehicle could start next year if the ruling coalition agrees on […]

General Motors Co (GM.N) and Samsung SDI (006400.KS) are expected to announce as early as Tuesday that they plan to build a new joint-venture battery manufacturing plant in the United States, sources told Reuters. Reuters reported in January that GM and LG Energy Solution (373220.KS) would not move forward with a fourth U.S. battery manufacturing […]

Glencore Plc’s attempt to seal mining’s biggest deal in a decade has thrust Chief Executive Officer Gary Nagle into center stage. Little known outside Glencore before taking the job nearly two years ago, the energetic South African is pursuing one of mining’s most unattainable targets, in a bitter brawl that’s headed for a potential climax […]

Russia’s richest people added $152 billion to their wealth over the past year, buoyed by high prices for natural resources and rebounding from the huge loss of fortunes they experienced just after the Ukraine war began, Forbes Russia said. Russia has 110 official billionaires on the list, up 22 from last year, according to Forbes’ […]

China’s Tianqi Lithium Corp. said it’s scrapping its takeover bid for Australian explorer Essential Metals Ltd. after failing to secure enough support from the target’s shareholders. Tianqi dropped its A$136 million ($91 million) plan to buy Essential after it failed to secure the backing, it said late Thursday in a filing to the Shenzhen Stock […]

With the world gradually moving toward electric cars, it’s only a matter of time before EVs take to the skies, at least for shorter trips. Inching us closer to that milestone is Chinese battery maker CATL (Contemporary Amperex Technology Co. Limited), which on Wednesday launched a battery at the Shanghai Auto Show that it claims can power electric passenger […]

The dispute between China’s CMOC and Congo’s state-owned Gècamines appears to be over paving the way for its massive stockpile of cobalt to start entering the market. Tenke Fungurume, split 80-20 between CMOC and Gècamines, continued to produce the battery and aerospace metal after its export permits were pulled in July. According to Benchmark Source, […]