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Swedish EV battery maker raises $1.2B to expand to North America

TechCrunch: Climate

Northvolt, a Swedish producer of lithium-ion batteries, has raised around $1.2 billion from BlackRock and various Canadian pension plans to build new factories in North America and Europe, according to report from Reuters. If Northvolt builds in the U.S., […]

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GM and Lithium Americas to develop lithium production through $650-million investment

Charged

General Motors and Lithium Americas plan to jointly invest in the development of the Thacker Pass mine in Nevada, which the companies call “the largest known source of lithium in the US.” GM plans to use lithium carbonate from Thacker Pass in its proprietary Ultium battery cells. Source: GM

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CTR breaks ground on geothermal and lithium facility in California

ThinkGeoEnergy

(CTR) has broken ground on the construction of an integrated geothermal power plant and lithium production facility at the Salton Sea in California. This is the first of seven project stages building towards a multi-billion-dollar clean energy precinct, the “Lithium Valley Campus.” ” The 1.85-billion-dollar

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Snow Lake Lithium to Develop World’s First All-Electric Lithium Mine

Green Living Guy

Snow Lake Lithium shares a plan to develop the world’s first all-electric Lithium mine in Manitoba, Canada. They are developing a domestic supply of this critical resource to the North America electric vehicle industry. The demand for electric vehicles is growing rapidly.

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EV Metals Group clears the way to build a battery material processing plant in Saudi Arabia

Charged

The EV Metals Group acquired the battery materials and technology business of Johnson Matthey in 2022. Now subsidiary EV Metals Arabia has advanced its plans to build a battery material processing plant in Saudi Arabia. Construction is scheduled to commence in Q3 of this year.

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New report highlights trends in EV battery supply chains

Charged

It’s safe to say that, five years ago, few corporate leaders gave a thought to the supply of batteries. Nowadays the problems and opportunities of the battery supply chain are hot topics in executive suites far beyond the automotive industry, and a growing number of market research companies are churning out detailed reports on the sector.

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How China is Cornering the Lithium-ion Cell Recycling Market

GreenTechMedia

The commonly held view that lithium-ion batteries are not being recycled is not true. China recycled around 67,000 tons of lithium-ion batteries last year, or 69 percent of all the stock available for recycling worldwide, according to Hans Eric Melin, founder of U.K.-based based Circular Energy Storage.

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