Italvolt, an Italian electric vehicle battery maker, will license extreme fast charging (XFC) technology and intellectual property rights from StoreDot, an Israeli start-up, to produce lithium-ion batteries at its proposed cell factory. The collaboration is expected to help Italvolt scale and upgrade its battery cell production along with the technological advancements of StoreDot. Italvolt’s proposed […]
Sibanye-Stillwater has sanctioned capital expenditure (capex) of €588 million for the Keliber lithium hydroxide project in Finland having increased its interest to around 85% in Keliber Oy, a Finnish mining and battery chemicals maker. According to the South African miner, construction at the Kokkola lithium hydroxide has started, which marks the first phase in the […]
Panasonic Energy, a Panasonic Group company, has broken ground on a new lithium-ion battery manufacturing facility in De Soto, Kansas, US with an investment of around $4 billion, to add critical capacity to the domestic electric vehicle (EV) battery supply chain. The new facility will produce “2170” cylindrical Li-ion batteries and will have around 30GWh […]
Reliance Industries said that its fully-owned subsidiary — Reliance New Energy has agreed to acquire substantially all of the assets of Lithium Werks, a Netherlands-based lithium battery manufacturer, for a sum of $61m, which includes funding for future growth. The assets involved in the deal include the full patent portfolio of Lithium Werks, its manufacturing […]
Rock Tech Lithium has signed a non-binding memorandum of understanding (MoU) with the Romanian government to build a lithium hydroxide converter in the European country with an investment of around €400 million. According to the Canadian cleantech company, the MoU calls for cooperation and support for its search for a location for its project in […]
SES AI Corporation, a Boston-based battery technology company, has formed a subsidiary called SES Korea with intentions to construct a pre-production facility in South Korea. Established in 2012, SES AI is engaged in developing and manufacturing lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications. After SES Shanghai Giga in China, SES Korea […]
Lithium Power International (LPI) has revealed its plan to demerge its Western Australian (WA) hard rock lithium assets with an aim to create a dedicated, Western Australia-focused lithium exploration company. The demerger will involve six hard rock lithium exploration assets located in Greenbushes. The Australian lithium company said that the proposed demerger will allow it […]
Covalent Lithium has secured environmental approval from the Western Australian government for the AUD1.8 billion ($1.33 billion) Mt Holland lithium project’s refinery. The company, which is a 50:50 joint venture between Australian conglomerate Wesfarmers and Chilean lithium producer Sociedad Quimica y Minera de Chile (SQM), has been issued the Ministerial Statement under the Environmental Protection […]
Alembic Pharmaceuticals has secured final approval from the US Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for Lurasidone Hydrochloride Tablets, 20 mg, 40 mg, 60 mg, 80 mg, and 120 mg. Lurasidone Hydrochloride Tablets is a generic version of Latuda Tablets owned by Sunovion Pharmaceuticals, which has approval as monotherapy […]
Zenith Minerals has signed a cash-cum-stock deal worth AUD 1.05 million to sell its 45% stake in its lithium brine, pegmatite, and clay projects in the US to joint venture (JV) partner Bradda Head. The US lithium assets of the Australian mineral exploration company include the lithium brine plays – the Spencer brine project and […]