Search results for Ecopro Innovation
Industry
Ecopro Innovation signs 4-year lithium hydroxide supply deal with global automaker
Ecopro Innovation said on Thursday it signed a long-term lithium hydroxide supply contract with a global automaker. The company will supply a total of 12,000 tonnes over four years, equivalent to about 200,000 electric vehicles. It said this is its first lithium hydroxide supply deal with an automaker, following earlier long-term contracts with Samsung SDI in 2024 and SK On in 2025. The company cited its Hungary production base and closed-loop system as positives.
Industry
Ecopro secures Canadian government R&D funding for lithium metal anodes
Ecopro said on April 12 its sub-subsidiary Ecopro Lithium secured C$6 million in research and development funding from Natural Resources Canada. The support comes under the Canadian government\'s Energy Innovation Program to build a domestic battery supply chain. Ecopro Innovation said it will use the funds to advance a demonstration project for lithium metal anode processes for next-generation batteries, aiming to establish a full local value chain in Canada by March 2027.
Industry
Korea reclassifies battery recycling as critical mineral manufacturing
South Korea has redefined battery recycling from waste treatment to critical mineral manufacturing, creating a special industry classification and easing industrial park entry rules. The Ministry of Trade, Industry and Energy aims to lift strategic mineral recycling to 20 percent by 2030 and will prioritise classified firms for a new 2026 support programme. Companies including POSCO, EcoPro and SK On are expanding closed-loop models that link material production and recycling, with the market forecast to reach 100 trillion won by 2030.