Guangdong Fangyuan New Materials Group Co., Ltd. 2024 Annual Report Summary

04.30.2025 - Downstream

The company is primarily engaged in the research, development, production, and sales of:Ternary cathode material precursors for lithium-ion batteries,Lithium salts,Sulfates,Nickel-based battery cathode materials,High-purity electronic chemicals,and related products.

Zhongwei New Materials Co., Ltd. 2024 Annual Report

04.14.2025 - Downstream

The core business encompasses the R&D, production, and sales of cathode materials and precursors for new energy batteries, including nickel-based, cobalt-based, phosphorus-based, and sodium-based materials.

GEM Co., Ltd. Signs Strategic Cooperation Agreement with South Korea's ECOPRO and Its Subsidiaries

04.11.2025 - Downstream

GEM Co., Ltd. disclosed in an official announcement that on April 9, 2025, the company, together with South Korea’s ECOPRO and its subsidiary ECOPRO BM, jointly signed a Strategic Cooperation Agreement in Pohang, South Korea.

GEM Co., Ltd. Announcement on Mass Production and Shipment of the New-Generation Ultra-High-Nickel 9th-Generation Core-Shell Ternary Precursor

04.11.2025 - Downstream

GEM Co., Ltd. is a world-leading core supplier of high-nickel precursor products for power batteries in new energy vehicles. The company has implemented an innovation-driven and quality-first strategy, actively practicing the innovation formula of "Super Talent + Super Facilities + Super Innovation = Super Results", and has achieved significant innovative industrial accomplishments.

Unit sales for the TRATON GROUP decreased to 73,100 vehicles in the first quarter of 2025

04.10.2025 - Downstream

As expected, the TRATON GROUP got off to a slow start in 2025. In the first quarter of 2025, lower unit sales were recorded in a challenging market environment. Based on preliminary figures, a total of 73,100 vehicles were delivered to customers in the first quarter of 2025, 10% less than in the prior-year quarter. In the same period of the previous year, the TRATON GROUP had still benefited from a high order backlog. By contrast, unit sales for all-electric vehicles rose sharply.

Panasonic Partners with Sumitomo Metal Mining to Establish Closed-Loop Nickel Recycling System for EV Batteries

04.02.2025 - Downstream

The collaboration establishes a closed-loop system where Sumitomo will recycle nickel from production scrap at Panasonic Energy's Suminoe Factory (Osaka). The scrap will be processed at Sumitomo's Toyo Smelter & Refinery and Niihama Nickel Refinery (Ehime Prefecture) to extract nickel sulfate, which will be directly reused in manufacturing new lithium-ion battery cathodes for Panasonic. Initially targeting nickel recovery, the partnership plans to expand post-2026 to recover lithium and cobalt from battery waste. This initiative aligns with Panasonic Energy's goal to achieve 20% recycled cathode materials in automotive batteries by 2030, advancing sustainable EV battery production.

Wanhua Chmeical and IBU-tec signed a Joint Development Agreement for the development of a European LFP battery material

03.31.2025 - Downstream

On March 26th, in Weimar, Germany, Wanhua Chemical Group Battery Technology Co., Ltd ("Wanhua Chemical") and IBU-tec, Europe's leading manufacturer of lithium iron phosphate materials, successfully held a signing ceremony for their Joint Research and Development Agreement (JDA). This partnership with IBU-tec will not affect the ongoing concrete talks with other companies regarding far-reaching cooperation that Wanhua Chemical is currently pursuing.

Umicore announces pCAM EV battery supply agreements with CNGR and Eco&Dream

03.28.2025 - Downstream

Umicore has entered into two separate agreements for the supply of precursor cathode active materials (pCAM) for electric vehicle batteries with CNGR and Eco&Dream Co., Ltd. (E&D). The pCAM, a critical component of EV batteries, will cater to Umicore's customer contracts in North America and Asia.

Northvolt files for bankruptcy in Sweden

03.13.2025 - Downstream

Stockholm, Sweden, 12 March 2025 – Following an exhaustive effort to explore all available means to secure a viable financial and operational future for the company, the Board of Directors of Northvolt AB today announced that it has filed for bankruptcy in Sweden.