China Ahead Of US, EU In Battery Recycling To Meet Lithium Demand: Report Updated On Tue, Dec 12th, 2023 by Saurenergy A recent report published by a resources conservation and recycling journal shows that, China is ahead of Europe and the US in using battery recycling to meet its needs for Lithium, Cobalt and Nickel for batteries for electric vehicles (EVs). With the increase in the production of batteries for electric vehicles, demand is also rising […] Read more
Birla Carbon Acquires Belgium’s Nanocyl for Lithium Generating Carbon Solutions Updated On Thu, Oct 12th, 2023 by Saurenergy Birla Carbon, a manufacturer and supplier of carbon solutions, recently acquired Nanocyl SA, a Belgium-based firm working on multi-wall carbon nanotubes (MWCNT). This acquisition expands Birla Carbon’s presence in the energy systems market, in material critical to Lithium Ion battery performance and other conductive applications. The firm maintains that the key motive of the project […] Read more
Cabinet Approves Change In MMDR Norms To Specify Royalty For Lithium Updated On Wed, Oct 11th, 2023 by Saurenergy Union Cabinet chaired by the Prime Minister Narendra Modi today approved amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (‘MMDR Act’). The amendment was meant for specifying rate of royalty for three critical and strategic minerals–Lithium, Niobium and Rare Earth Elements (REEs). Recently, the Mines and Minerals (Development and […] Read more
First Ever Future Contract Written on Lithium Battery Space between LOHUM & Log9 Updated On Thu, Oct 5th, 2023 by Saurenergy LOHUM, a sustainable energy transition materials producer, based in India and Log9, an Indian Deep Tech company specialising in Advanced EV battery technology have announced a strategic partnership. This partnership locks in weighted battery buyback prices for Log9, powered by LOHUM’s DETX™ ‘future purchase price’ prediction index for battery assets. This partnership aimed at addressing […] Read more
Lohum Stakes Claim To Be First Outside China to Extract Pure Metallic Lithium Updated On Fri, Sep 29th, 2023 by Saurenergy LOHUM, a producer of sustainable energy transition and battery materials has announced the recovery of pure Lithium metal, through recycling. This is amongst the slew of initiatives by the firm comprising new closed-loop ecosystem achievements. LOHUM, through its integrated recycling, repurposing, and refining system claims to have become among the first five companies to globally […] Read more
Lithium Battery Recycling In Focus With $542 Million Funding For Ascend Elements Updated On Wed, Sep 13th, 2023 by Saurenergy Read more
Lithium Battery Recycling In Focus With $542 Million Funding For Ascend Elements Updated On Wed, Sep 13th, 2023 by Saurenergy The battery recycling market in the US has heated up with the announcement from Ascend Elements, of a huge $542 million in Series D funding. Ascend had earlier been granted massive grants of over $400 million by the Department of Energy, and the latest fund raise makes it one of the largest U.S. cleantech equity […] Read more
China’s Capacity Glut Likely To Keep Lithium Battery Prices Down-Trendforce Research Updated On Fri, Sep 8th, 2023 by Saurenergy Insufficient downstream demand has put a damper on both supply and demand in the EV battery market. TrendForce reveals that the ASP of EV cells in China fell below CNY 0.6/Wh in August. The average price drops of EV square ternary cells, LFP cells, and pouch ternary power cells reached 10%, with respective prices of CNY 0.65/Wh, […] Read more
Amprius Introduces Lithium-Ion Battery in Electric Aviation and EV Industries Updated On Tue, Aug 8th, 2023 by Saurenergy US based Amprius Technologies, a provider of next-generation lithium-ion batteries featuring its Silicon Anode Platform, has come up with an innovative battery technology. The newest ultra-high-power-high-energy lithium-ion battery has been introduced by the firm, benefiting from its advanced material system capability. With a discharge rate of 10C and an energy density of 400 Wh/kg, the […] Read more