The Morocco plant, set to start production in 2026, aims to produce 50,000 tonnes of lithium-phosphate-iron (LFP) cathode materials annually, enough to be installed in 500,000 entry-class EVs.
POSCO Future M will modify its agreements with Chinese companies on the establishment of their joint ventures here if those joint ventures become subject to “foreign entities of concern” under the U.S. Inflation Reduction Act (IRA), the battery materials producer s chief said Monday.
POSCO Future M, a leading secondary battery materials producer, said Wednesday it has teamed up with a Chinese cobalt producer to invest 1.7 trillion won ($1.27 billion) to build production facilities for battery precursors and anode components.
Republican Senator Marcio Rubio on Wednesday asked the Biden administration to investigate Ford Motor Co s decision in March to join PT Vale Indonesia and China s Zhejiang Huayou Cobalt as their. | May 3, 2023
MANILA (Reuters): China's Zhejiang Huayou Cobalt Co Ltd is looking to build the Philippines' third nickel ore processing facility in partnership with a Philippine miner, two industry sources with knowledge of the proposal said on Wednesday (April 19).