Sumitomo Metal aims to boost battery materials output
Company aims to increase its capacity to produce cathode battery materials and to broaden its range of products to meet rising demand from the EV sector.
Company aims to increase its capacity to produce cathode battery materials and to broaden its range of products to meet rising demand from the EV sector.
Many will self-sanction. But many won't., writes Andy Home.
In September, Indika and Foxconn launched a $2 billion joint venture to make EVs, batteries and energy storage in Indonesia.
BHP was the likely bidder, but it’s also possible it could be a new entrant because the mining giant hadn’t entered a trading halt, analyst says.
The Arcus Japan Fund, which has the equivalent of $870 million in assets, has beaten all of its peers this year.
There are now almost 250 different battery-electric models for sale in China’s passenger car market.
Redwood Materials, the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components.
The company also said it now aims to reduce its absolute Scope 1 and 2 carbon dioxide emissions by 40% from 2021 levels by 2030.
Company aims to reduce its absolute Scope 1 and 2 CO2 emissions by 40% from 2021 levels by 2030.
The country produced 3.45 million tonnes of primary aluminum last month, an eighth straight monthly rise versus 2021 numbers.