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Friday 29 November 2024
Push for cobalt-free batteries gains momentum amid geopolitical risks
Lithium-ion batteries, a cornerstone of modern technology, traditionally rely on cobalt for their stability and energy density. However, cobalt's high cost, environmental concerns,...
Monday 28 October 2024
CATL and BYD makes major EV investments in Indonesia
China-based Contemporary Amperex Technology (CATL) and BYD are making significant investments in Indonesia as the country seeks to establish itself in the electric vehicle (EV) ind...
Wednesday 31 July 2024
Gus Technology to set up EV battery plant in Indonesia to expand global reach
Gus Technology, a Taiwanese battery OEM and custom battery service provider, has announced plans to build an electric vehicle battery manufacturing plant in Indonesia. This move is...
Thursday 29 February 2024
Indonesia says its nickel supply will keep global prices low
Indonesia, the world's largest nickel exporter, has a sobering message for href="https://www.bloomberg.com/news/articles/2024-02-19/bhp-s-first-half-profit-steady-as-inflation-lower-prices-bite"...
Friday 26 January 2024
Samsung SDI invests in overseas mining company to enhance high-nickel battery capability
Samsung SDI will invest in the Canada Nickel Company, a Canadian nickel miner, to secure the critical raw material for its high-performance batteries. It would be the first time the...
Tuesday 5 December 2023
Ford takes stake in Indonesia nickel project
Ford Motor Co. will take a direct stake in a battery-nickel plant under construction in Indonesia, deepening its role in the supply chain as carmakers try to secure materials for...
Wednesday 23 August 2023
Nickel firm eyes Texas for $400 million EV battery-metal plant
A Luxembourg-based firm that's harnessing microwave technology to recover metals is looking to build a $440 million refinery in Texas to help quench demand for a key ingredient in...
Tuesday 2 May 2023
Stellantis secures battery-grade nickel and cobalt supply in Australia
Stellantis has deepened ties with another battery material partner to support its electrified future. The carmaker and Australia-based Alliance Nickel have signed a five-year agreement...
Tuesday 18 April 2023
Indonesia woos VW to offset China's dominance in nickel riches
Indonesia is urging Volkswagen AG to invest in its electric vehicle industry as the country seeks to counterbalance Chinese companies' dominance over its nickel reserves.
Friday 31 March 2023
Ford joins a US$4.51 billion nickel processing project in Indonesia
US automaker Ford made a battery material investment in Indonesia, a first for the company in Southeast Asia. The US$4.51 billion project is also joined by PT Vale Indonesia and Huayou...
Thursday 23 March 2023
Lithium, nickel prices on decline as China demand slows
Nickel, copper, and aluminum prices have fallen to their lowest points in months. Lithium carbonate, a key material for EV batteries, also plunged as supply outpaces demand.
Tuesday 20 September 2022
Ford set to process nickel in Indonesia with Vale
Vale Indonesia, the Indonesian operation unit of the Brazil-based mining giant Vale, is set to begin three nickel mining and processing projects in Sulawesi, Indonesia together with...
Wednesday 10 August 2022
Indonesia secures US$5 billion nickel deal from Tesla
Tesla has signed contracts worth approximately US$5 billion to purchase nickel from two companies in Indonesia on August 8, 2022, according to Luhut Pandjaitan, the coordinating minister...
Monday 25 April 2022
South Korea challenged by China's tight grip on battery materials
South Korea is facing challenges to expand its electric vehicle (EV) battery industry due to soaring costs of raw materials that are tightly controlled by China.
Friday 1 April 2022
US to encourage domestic mining for lithium and nickel by invoking Cold War-era law
The US government is addressing the critical shortages of EV battery materials by invoking Defense Production Act (DPA) to boost domestic mineral production and reduce reliance on...