Source to China Times, due to weak demand and inventory piling up, the prices of a key chemical raw material, lithium carbonate, have recently been on a declining trend. Since the launch of lithium carbonate futures on the mainland on July 21, in just over two months, the price of lithium has fallen...

According to a recent report by itdcw, several Chinese new energy companies unveiled ambitious overseas expansion plans during the last week of September, with the highest investment commitment reaching almost a billion dollars. This development comes as global demand for batteries skyrockets, d...

Source to LG Energy Solution, LG Energy Solution, and Toyota Motor North America, Inc. (Toyota) today announced that they have signed a supply agreement for lithium-ion battery modules to be used in Toyota battery electric vehicles (BEVs) that will be assembled in the United States. Under the co...

Source to China Times, LCE prices in China have persistently declined, with the average price for battery-grade LCE on the 26th standing at CNY 178,500 per ton (CNY is used throughout, same as above), marking a decrease of CNY 2,000 compared to the previous day. Prices remain below the significant t...

Australian mining company, Liontown Resources Ltd., has just announced it’s agreed to a buyout proposal of AUD 6.6 billion (USD 4.3 billion) by US lithium producer Albemarle Corp (ALB). TrendForce’s latest “2023 Global Li-Ion Battery Industry Chain Market Supply and Demand Report,” indicate...