Lithium-Ion battery production set to quadruple this decade: Wood Mackenzie

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The global lithium-ion cell manufacturing capacity pipeline could rise fourfold to reach 1.3 terawatt-hours (TWh) in 2030 compared to 2019, a new report by Wood Mackenzie states. This total capacity refers to 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors.  According to the UK-based research firm, Asian manufacturers such […]

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Lithium price plunges to 4-year low

Investment in battery manufacturing plants and electric vehicle factories continues to boom around the world, but for now the market for lithium shows no signs of emerging from a four-year slump. Prices for the raw material used in lithium-ion batteries fell again at the end of last year, according to the December price assessment released […]

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China battery firms to set up $700m nickel joint venture in Indonesia

Chinese battery firm GEM Co Ltd announced last week that it was teaming up with four companies to invest a total of $700 million in a project to produce battery-grade nickel chemicals in Indonesia, reports Reuters . The investment comes as several global metals producers have also set their sights on Indonesia’s nickel reserves, looking to tap […]

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