February 2021

Marubeni, Retriev form strategic partnership to develop new circular business for batteries

Marubeni Corp has entered into a strategic partnership agreement with battery recycler Retriev Technologies Inc in the United States to develop a new circular business for end-of-life lithium-ion batteries, the Japanese trader said on Wednesday February 17.

Chile's SQM board approves investment in Mt Holland lithium project

The board of Chilean lithium producer Sociedad Quimica y Minera (SQM) has approved the company’s investment in the Mount Holland lithium project in Western Australia, it said on Wednesday February 17.

Italvolt to build first Italian battery gigafactory

Startup Italvolt will build the first lithium-ion battery gigafactory in Italy with an initial capacity of 45 GWh, it announced on Monday February 15.

PRICING NOTICE: Amendment to pricing holiday schedule for cobalt hydroxide payable indicator

After a consultation period, Fastmarkets will amend the pricing holiday schedule for its cobalt hydroxide payable indicator with public holidays in China instead of those in England and Wales.

GLOBAL LITHIUM SNAPSHOT: Europe, US technical grade hydroxide price up on strengthening complex, tight availability

Key data from Fastmarkets’ pricing session in Europe on Thursday February 11.

AT A GLANCE: 'Record year' for Umicore despite automotive downturn

A summary of Belgian battery materials company Umicore’s results for the full year of 2020 as stated in its report published on Thursday February 11.

Spanish industrial consortium unveils Battchain initiative to support green mobility

Key industrial groups in Spain have set up Battchain, a consortium created to respond to surging demand for batteries in Europe at a time when the region is transitioning to greener mobility, junior miner Infinity Lithium announced on Wednesday February 10.

INTERVIEW: Mick Davis’ VBR eyes further battery minerals deals

A steady stream of unfunded yet highly prospective opportunities in the battery minerals space led Sir Mick Davis to form investment company Vision Blue Resources (VBR) earlier this year. After raising $60 million in the first few weeks, it has already made its first investment and more will soon follow, Davis told Fastmarkets.

Rare earth, battery juniors look to equity markets

New energy companies are turning to the soaring equity markets to fund their future expansion.

Mick Davis launches Vision Blue Resources battery minerals investment firm

Sir Mick Davis, former chief executive officer of Xstrata plc, has launched an investment company focused on battery minerals and has made its first strategic financing move in a graphite mine in Madagascar.