Northvolt, a Swedish company specializing in energy storage solutions for electric vehicles, has announced the sale of its California plant to Lyten, a U.S. start-up focused on lithium-sulfur battery technologies. The decision is part of Northvolt’s strategy to concentrate its resources on the European market and bolster its industrial ambitions in the region. As part...
READ MOREAluminium and renewable energy company Hydro has launched a new initiative to decarbonize its aluminium plants in Germany by starting local, onsite solar energy production and implementing energy efficiency measures. The first solar photovoltaic (PV) systems in Offenburg have been completed and are now in interim operation. In addition to Offenburg, Hydro’s facilities in Rackwitz...
READ MOREDrugstore magnate Dirk Rossmann has once again expanded his stake in Aurubis, a leading copper manufacturer. His investment firm, Rossmann Beteiligungs GmbH, now controls around 20.7% of Aurubis, up from approximately 17%, according to a mandatory disclosure on Monday. This ongoing increase in ownership has fueled market speculation about a potential takeover. Rossmann, founder of...
READ MOREPlans for the extraction of a key raw material used in electric vehicle production are under threat in Serbia as environmental protests grow. The Jadar Valley project, aimed at extracting 58,000 tons of lithium annually, has faced increasing opposition from local communities who fear environmental damage. Mining giant Rio Tinto is facing delays that could...
READ MOREBoliden is currently in advanced negotiations to acquire Lundin Mining’s Zinkgruvan mine in Sweden and Neves-Corvo mine in Portugal, according to information obtained by Bloomberg News. The acquisition would allow Boliden to strengthen its position as one of the largest zinc producers in Europe. These two mines represent some of Lundin Mining’s oldest assets, which...
READ MOREAurubis has commenced construction of an air separation plant (AS) at its recycling site in Lünen, North Rhine-Westphalia. This investment of approximately €40 million aims to make on-site production operations more efficient and reduce dependence on external supplies. The new plant will use proven technology already employed at other major Aurubis sites, such as those...
READ MOREThe Monel market is experiencing significant downward pressure at the start of Q4 2024, driven primarily by declining nickel prices and challenges within the manufacturing sector of major economies. Monel, a nickel-copper alloy known for its exceptional corrosion resistance and strength in marine and chemical processing applications, is being impacted by changing market dynamics shaped...
READ MOREBritish scientists have announced that they have successfully extracted a metal vital for car battery production—lithium—from wastewater, which they claim marks a significant achievement for the UK in sourcing critical minerals locally. Researchers at UK-based Watercycle Technologies say they have produced more than 100 kg of battery-grade lithium carbonate from brine and wastewater, making it...
READ MOREVulcan Energy, an Australian start-up, has taken a major step towards lithium production for electric vehicle batteries in Germany. The company commissioned a demonstration plant on November 8 at the Frankfurt-Höchst industrial park, marking a significant milestone in its efforts to produce lithium hydroxide locally for European industry. The lithium hydroxide, a key component required...
READ MOREVulcan Energy has commenced production of lithium hydroxide at its Central Lithium Electrolysis Optimisation Plant in Frankfurt, Germany. The first lithium hydroxide has been successfully produced from high-purity lithium chloride, which is extracted from brines at Vulcan’s direct lithium extraction optimisation plant. This milestone marks the first sustainable production of lithium hydroxide fully domestically produced...
READ MOREDespite intensified Western focus on reducing reliance on China, Europe’s economic dependence on the Asian giant has only deepened in recent years. EU imports from China reached €515.9 billion in 2023, encompassing many crucial products necessary for advanced economies. The European Union’s reliance on China is particularly concerning regarding critical raw materials (CRMs) needed for...
READ MOREOn Thursday, November 7, the French government is set to announce the development of a significant industrial project at the port of Le Havre (Seine-Maritime) as part of the “France 2030 turnkey sites” initiative. This project, dedicated to lithium production, is expected to attract private investments totaling 1.2 billion euros. The initiative will involve the...
READ MOREAlba, the world’s largest single-site aluminium smelter, has appointed Artem Tatarunis as the new manager for Alba Sales Europe, effective immediately. Tatarunis brings over 15 years of sales and marketing experience in the aluminium industry. He was most recently the head of sales for billet and wire rod in the EMEA region at Rusal, where...
READ MOREAccording to a survey conducted by Mysteel, battery cell production schedules for November and December have surpassed market expectations, particularly among top-tier manufacturers. This increase is largely driven by strong momentum in the energy storage sector, along with higher-than-anticipated power battery demand in Europe and a stable electric vehicle market in China. Unlike the situation...
READ MOREA report from experts at the University of Extremadura estimates that the Extremadura New Energies lithium extraction and processing project will contribute an additional 113.9 million euros annually to the regional economy. The project is expected to create over 1,500 jobs, encompassing direct, indirect, and induced employment opportunities in Cáceres and its surrounding province throughout...
READ MOREBall Corporation has acquired Alucan, a European producer of extruded aluminium aerosol and bottle products. The acquisition, completed on October 31, includes manufacturing facilities in Llinars del Vallés, Spain, and Lummen, Belgium. The acquisition aims to increase Ball’s production capacity and meet growing demand for sustainable packaging in Europe. The new facilities will allow Ball...
READ MOREThe Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE), along with partners from science and industry, has launched the “ThermIon” project to develop direct lithium extraction (DLE) technology. The initiative will use the “lithium ion pump” process to extract lithium from geothermal brine in Germany’s Upper Rhine Graben region. The ThermIon project addresses the entire...
READ MOREAluminium Ingot prices saw significant increases in late October, with notable price hikes reported in Germany and the United States. These increases have been driven by supply chain disruptions, rising raw material costs, and growing operational expenses. In Germany, Aluminium Ingot prices rose by over 2% after Emirates Global Aluminium (EGA) announced a suspension of...
READ MOREEuro Sun Mining has signed a binding Memorandum of Understanding (MOU) with Glencore International, granting the multinational mining company the right of first refusal for future concentrate from Euro Sun’s Rovina Valley Project in Romania. This agreement also gives Glencore the right to nominate a director to Euro Sun’s board. The Rovina Valley Project, one...
READ MOREFife Aluminium and Metal Company, a specialist in architectural aluminium and metal products, has more than doubled its production space by relocating to Glenrothes. Founded in 2016 by Dale Robertson, the company has moved from its original location in Lochgelly to two new units within Queensway Business Park, significantly expanding its capabilities. The move comes...
READ MOREEuropean Energy Metals Corp. has officially changed its name to Grit Metals Corp. following a resolution approved by the board of directors on October 18, 2024. The name change took effect on October 30, 2024, and the company’s common shares will commence trading under the new name at the market opening on November 4, 2024,...
READ MORESouth Korean copper foil producer Solus Advanced Materials has commenced mass production at its second Hungarian plant, significantly expanding its presence in Europe. The new facility, as reported by KED Global, is currently the only European production site for electric vehicle (EV) battery copper foil, with an annual output capacity of 23,000 tons. Combined with...
READ MORELeading African mining group Bravura, a sister company to AITEO, Africa’s largest indigenous oil and gas producer, has announced plans to establish a large-scale lithium processing plant in Germany by 2027. The plant will produce lithium hydroxide, a key component in electric vehicle (EV) batteries, through a unique African-German supply chain. The final location for...
READ MOREA collaborative team from the Technical University of Berlin, HZB, IMTEK (University of Freiburg), and Siemens Energy has developed an alkaline membrane electrolyzer that shows promise in approaching the performance of established proton-exchange membrane (PEM) electrolyzers. The electrolyzer uses cost-effective nickel compounds for the anode catalyst, replacing the traditionally costly and rare iridium. The team...
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