Search results for cobalt
Industry
Lithium prices rise to $22 as recycled battery sector nears profit turnaround
Lithium prices have climbed from about $8 to $22 in a year, ending a nearly three-year slide in secondary battery raw materials, helping resource recyclers that extract and resell metals from used batteries. The recovery in selling prices is raising expectations that a loss-making stretch of more than 10 quarters could shift to profit. Analysts also point to improving utilisation at new plants. The outlook hinges on supply, including expected new lithium mine operations by China’s CATL in the second half.
Industry
L&F Q2 operating profit 20.8 billion won, returns to profit from year ago
L&F posted second-quarter revenue of 885 billion won and operating profit of 20.8 billion won, returning to profit from a year earlier, it said on Wednesday. Revenue rose 70.2 percent from a year earlier and 19.7 percent from the previous quarter, supported by record shipments and higher cathode material prices. Operating profit fell 82.2 percent from the prior quarter due to start-up costs, inventory valuation losses and other one-off factors.
Industry
Posco Future M agrees long-term supply of 190,000 tons of LFP cathode material to Korean battery maker
Posco Future M said on Wednesday it agreed with a South Korean battery maker on a large-scale, long-term supply of cathode material for LFP batteries. The deal calls for supplying more than 190,000 tons over six years from next year through 2032, with a formal contract expected in the third quarter. The company said it has completed facility conversion and plans to begin mass-production supply by year-end.
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Industry
Tighter battery safety standards spark sodium era; Korea should join standardisation
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Industry
China EV materials supply chain shifts, with scrapped cars and used batteries seen as key resources by 2050
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Industry
L&F Plus ships first trial output from South Korea\'s first LFP cathode mass production line
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Mobility
Colorado makes automakers responsible for EV waste batteries, bans landfilling from 2029
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Industry
Battery industry shifts to foundry model with Western design and Asian manufacturing
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Crypto
Base\'s Beryl upgrade nears, native token standard B20 to be introduced
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Mobility
Ford begins first U.S. production of LFP battery cells, to fit in $30,000 electric pickup in 2027
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Industry
Mineral prices and rules boost profits in battery recycling
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Telecommunications & Media
South Korea government, 3 telecoms to recycle critical minerals from scrapped network equipment
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Industry
Electrode restoration tech emerges that recovers up to 95 percent of used lithium-ion battery capacity
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Industry
Next-generation magnetic memory material records with light, not current
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Industry
EcoPro BM ships first cathode materials to European OEM from Hungary plant
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Mobility
Tesla Model Y case shows 99 percent battery retention after heavy fast-charging use
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Industry
Nissan starts developing all-solid-state battery cheaper than China\'s, using sulfur-based materials to cut costs
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Industry
Posco Future M breaks ground on dedicated LFP cathode plant