May 2021

China’s Do-Fluoride to invest in 20GWh lithium-ion battery project

China-based Do-Fluoride Chemical Co will invest 300 million yuan ($46.67 million) to build a lithium-ion battery plant in the city of Nanning, Guangxi province, in southern China, it said on Tuesday May 25.

LME ASIA 2021: HKEX chairwoman identifies three opportunities for global commodities market

China leading the post-Covid-19 pandemic recovery, resultant changing dynamics and sustainability are three opportunities for the global commodities market and Hong Kong Exchanges and Clearing (HKEX), the exchange’s chairwoman said during the LME Asia Metals Seminar on Tuesday May 25.

IN FIGURES: China’s battery raw materials exports in April 2021

A summary of China’s battery raw materials exports for April 2021

IN FIGURES: China’s battery raw materials imports in April 2021

A summary of China’s battery raw materials imports for April 2021.

China’s Huayou Cobalt sets up nickel hydrometallurgical tech JV in Indonesia

Chinese new energy battery materials producer Huayou Cobalt has signed a contract to set up a joint venture in Indonesia for hydrometallurgical process nickel laterite ore with other four partners, the company said on Sunday May 23.

Ford, SK Innovation to manufacture EV batteries for US

Automotive manufacturer Ford Motor Co and South Korean energy conglomerate SK Innovation have signed a memorandum of understanding to create a joint venture to manufacture battery cells and energy storage arrays for electric vehicles (EVs) in the United States, Ford said.

China’s Lygend Mining starts first HPAL production in Indonesia

Chinese nickel products provider Lygend Mining has started its first production of mixed hydroxide precipitate (MHP) in Indonesia successfully, the company said on May 19, 2021.

BASF to acquire 51% stake in China's Hunan Shanshan Energy

German chemical conglomerate BASF will acquire a 51% stake in China’s Hunan Shanshan Energy (Hunan Shanshan), a Chinese maker of lithium-ion battery materials that serves the battery materials’ market, it said on Friday May 21.

GLOBAL LITHIUM WRAP: China domestic prices move in opposite directions

Battery-grade lithium carbonate and hydroxide prices in China diverged over the week ended Thursday May 20, with the latter underpinned by persistent tight availability and robust demand in Asia.

AT A GLANCE: Chile’s SQM lithium revenue up 107% y-o-y in Q1 2021

A summary of results for the lithium division of Chilean producer Sociedad Quimica y Minera (SQM) for the first quarter of 2021, taken from its quarterly update published on Wednesday May 19 and its earnings conference call on May 20.