Search results for Lithium hydroxide
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
Ganfeng starts initial production of 500 Wh/kg solid-state lithium metal battery
China\'s Ganfeng Lithium, the world\'s largest lithium metal producer, has started small-scale production of a 500 Wh/kg lithium metal all-solid-state battery, it said. The company disclosed the start of production of a 10Ah cell in an investor update and described it as a world-first-level technology. Ganfeng also presented progress on silicon-based solid-state batteries and unveiled new anode and cathode technologies, along with safety and durability test results.
Industry
Ecopro posts Q1 operating profit of 60.2 billion won, up 4,280 percent
Ecopro said on Tuesday its first-quarter operating profit rose 4,280 percent from a year earlier to 60.2 billion won, while revenue increased 1.9 percent to 822.0 billion won. It cited the consolidation of Indonesia-based GEN smelter results, higher metal prices and a recovery in downstream battery and semiconductor industries. It also reported higher quarter-on-quarter sales and operating profit and a return to net profit.
