China Minmetals Corp. will take control of a province-backed lithium company in a bid to speed development of a “world-class” industry extracting the battery material from salt lakes in the far west of the country. The sprawling mining-to-trading group backed by China’s central government will hold 53% of a new joint venture, China Salt Lake […]
Lithium News
Toyota’s Solid-State Battery Production Plans Approved By Japan’s Government
Toyota is expected to be one of the world’s first car manufacturers to launch a passenger vehicle powered by solid-state batteries. The company has been talking about its solid-state goals for years, but now its plans to start building cars with this battery tech have been validated by the Japanese Ministry of Economy, Trade and […]
Chinese lithium producers embrace hedging to manage volatility
Chinese lithium processors are ratcheting up hedging to offset wild swings in the battery metal, a sign that local futures launched around a year ago are gaining traction. Several companies have unveiled their hedging exposure via lithium carbonate futures during the recent earnings season, including Ganfeng Lithium Group Co. and Sichuan Yahua Industrial Group Co. […]
Bolivia shortlists four companies to develop lithium pilot plants
Bolivia state-owned Yacimientos de Litio Boliviano (YLB) has shortlisted four companies to advance into the next phase of a bid to develop pilot lithium extraction plants in the country’s salt flats. The companies selected are China’s CBC, Italy’s Protecno, France’s Eramet and Australia’s Eau Lithium, which YLB said were the bidders with the highest scores […]
The secret to next-gen batteries? It could be in the binder, says ORNL
A recent study focused on polymer binders could point to future breakthroughs in solid-state batteries, enabling safer, more powerful, and longer-lasting energy storage. Researchers at Oak Ridge National Laboratory have discovered that the molecular weight of these often-overlooked components plays a crucial role in the performance and durability of sulfide solid-state electrolytes (SSEs), a key […]
World’s biggest battery coming to Maine — and it could store 130 million times more energy than your laptop
An energy start-up plans to build the world’s biggest battery in Lincoln, Maine, to help ease stresses on the region’s power grid. The project is being funded by the Department of Energy, which is putting $147 million in grants toward constructing the ambitious energy storage solution. If the current plans remain unchanged, the battery will […]
