CATL’s Shenzhen-listed shares have gained about 50% since a low in May as the company ramps up global capacity.

Sichuan, home to more than a fifth of China’s lithium production, extended industrial power cuts this week.

Amid all the excitement about battery metal demand, prices for cobalt have plunged 40% from their highs earlier this year.

The agreement includes the production ramp-up of cathode materials.

Chief Executive Lourenco Goncalves said EV companies are going “all-in” on steel as they build out plans for the transition away from combustion-engine vehicles.

Years of neglecting its critical metal supplies is finally catching up with the United States.

Automakers racing to make more EVs have a problem: climate change is catching up with the industry.

Neo will buy the Sarfartoq project for a total of $3.5 million.