A US government pledge of US$2.9 billion support for the country’s battery manufacturing and recycling value chain is more like a band-aid than the “major surgery” required to fix the problem.
European lithium battery industry trade body RECHARGE has warned that some parts of the EU’s Draft Report on Batteries and Waste Batteries may stifle the industry and not deliver on objectives, ahead of today’s vote.
LG Energy Solution has signed a five-year supply deal for lithium hydroxide from Germany-headquartered Vulcan Energy Resources, which aims to establish carbon emissions-free extraction facilities.