Latest Update in the SMM Other Materials Market

【SMM Analysis】Clearway Energy Group has signed an exclusive offtake agreement with a California utility company, involving a 3GWh battery energy storage system (BESS). This agreement was signed against the backdrop of delays in energy storage installations and grid connections in the US, aiming to ensure smooth sales channels for the project's electricity.

The Western Australian (WA) government announced an A$150 million rescue package to sustain the state’s lithium sector.

SK On signed a three-year agreement with POSCO Pilbara Lithium Solution to secure up to 15,000 tons of domestically produced lithium hydroxide.

Bolivia's government has signed a US$1 billion agreement with the Chinese CBC consortium, including battery giant CATL, to construct two direct lithium extraction (DLE) plants in the Uyuni salt flats, part of the lithium triangle shared with Chile and Argentina.

Portuguese energy company Galp has officially canceled its €1 billion Aurora lithium refinery in Setúbal, a project that was poised to process 35,000 tonnes of battery-grade lithium hydroxide annually after 2026.

With Gasgoo Daily, we will offer daily important automotive news in China.

In the field of electric vehicles (EVs), there is often indecision between the two major technological routes of ternary lithium and lithium iron phosphate (LFP). However, in the electric two-wheeler industry, which also focuses on low-carbon travel, both users and automakers seem to prefer using LMO batteries despite facing multiple technological choices......

On November 28, ZEEKR opened its 500th store globally, which is located in Singapore, according to a post on the company's WeChat account.