News of battery

China lithium giant expands in Argentina with US$962-million deal

12-07-2022 15:58 Chinese battery-materials giant Ganfeng Lithium Co is ratcheting up efforts to expand in Argentina, an emerging supply hot-spot for the mineral.

Bloomberg

Rio Tinto buys US$825-million lithium project in battery push

21-12-2021 18:24 Rio Tinto Group agrees to buy a lithium mine in Argentina for US$825 million as the world’s second-biggest miner accelerates its push into battery materials.

Lithium

Lithium prices are soaring, sparking more deals for key battery metal

07-10-2021 08:23 Lithium is having a moment -- and record prices won’t deter the flurry of deals for the key battery metal.

Bloomberg

Toyota-Panasonic battery venture slashes costs to take on China

21-07-2021 14:53 Materials alone make up 60 percent of the cost of an EV battery and about half of that comes from resources like lithium and cobalt. Finding ways to reduce those expenses is proving increasingly important as surging demand for electric vehicles sends raw materials prices soaring.

Bloomberg

Lithium nationalism is taking root in region with most resources

29-06-2021 09:11 Politicians in Latin America, a region that accounts for more than half the world’s lithium resources, are looking to increase the role of the state in an industry that’s crucial for weaning the world off fossil fuels.