CATHODE
India's Altmin in talks with Australia for lithium supplies
Indian battery materials producer Altmin is in discussions with the Australian government to secure lithium supplies as part of its expansion strategy to meet growing demand for the critical mineral. Altmin currently sources lithium carbonate from Brazil and Bolivia and aims to establish lithium refineries in Brazil and Australia. The company plans to set up a cathode active materials plant in India by 2025 and is raising funds for its expansion efforts.
Himadri Speciality to invest Rs 220cr in Bengal to expand speciality carbon black capacity
The expansion, scheduled to be operational within the next 18 months and located at Singur in the Hooghly district, will be funded through internal accruals. This additional capacity of 70,000 tonnes per annum will increase the company's speciality carbon black capacity to 1.3 lakh tonnes per annum, enhancing the cumulative capacity to 2.5 lakh tonnes from the current 1.8 lakh tonnes, the official added.
INOXGFL plans to invest Rs 20,000 cr in green energy, chemicals business
The group operates in two broader segments-chemicals and renewables-comprising fluoropolymers, fluorochemicals, solar, green hydrogen and wind energy. Of the total planned investment, 60-65% is likely to go towards renewable energy addition, Jain said.
AI-powered EV batteries: The next welcome change
Battery development is typically a slow and laborious process, with extensive testing and retesting. Measuring how long a battery will last, for example, can involve charging and discharging thousands of times. Using AI, developers can cut down the time and expense of battery design by iterating faster and more efficiently. One early-prediction model helped reduce the time it took to identify fast-charging techniques from over 500 days to 16 days, in part by predicting the final cycle life using data from the first few cycles, according to a 2020 Nature study.
Your new EV could do with a shot of caffeine. And AI
Billions invested in alternative technologies to replace combustion engines and reduce greenhouse gases. Electric vehicle production costs impacted by energy storage, range anxiety, price resistance. Hydrogen fuel cells explored as an alternative. Caffeine boosts fuel-cell efficiency, reduces costs.
India reaches out to critical mineral producers for processing technology
According to a Niti Aayog estimate, India's advanced chemistry cell manufacturing industry annually needs 193 thousand tons of cathode active material to produce 100 GW hour annum of batteries by 2030. Critical minerals and their active materials used in the production of lithium-ion batteries (LIB) account for approximately 33%-48% of the overall pack cost.
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Lohum raises USD 54 million to fuel its market expansion
The company will use these funds to fuel its market expansion, scaling up recycling operations across India, and also expanding to new energy transition materials markets in North America, the EU, the Middle East, Africa, and Asia, it said.
GFCL EV to invest for EV and ESS batteries for domestic and global markets
Bir Kapoor, CEO and DMD of Gujarat Fluorochemicals, said, "With GFCL EV, we are well-positioned to contribute significantly to the evolving landscape of energy transition driven by EV/ESS.”
GFCL EV Products to invest Rs 6,000 cr in next 4-5 yrs to ramp up production
Gujarat Fluorochemicals arm GFCL EV Products plans to invest Rs 6,000 crore to increase production capacity of electric vehicle battery materials in the next 4-5 years. The company aims to enter high-demand regions including the US, Europe, and India. GFCL EV has already secured long-term tie-ups with global customers. The company's current product portfolio includes electrolyte salts, additives, cathode active materials, and specialized offerings for sodium ion batteries.
Google's special doodle on 75th Republic Day shows India's transition from analogue to digital era
The doodle depicts two TV sets and a mobile phone, with the letter 'G' on the left face of the first analogue television set, and the screens of the sets forming the two 'O's of 'GOOGLE'.
Google's special doodle on 75th R-Day shows India's transition from analogue to digital era
Google marks India's 75th Republic Day with a special doodle depicting the country's transition from analogue TVs to smartphones. The creative artwork shows how the ceremonial parade would have been seen on screens over the decades. The doodle features two TV sets and a mobile phone, with the Google logo displayed on the screens.
Austin, we have a problem! Tesla descends into battery hell
Tesla is still a long way off the production pace of its Cybertruck, and one of the main bottlenecks is the speed it can make the 4680 batteries used in the Cybertruck with its new dry-coating technology.
Austin, we have a problem! Tesla descends into battery hell
Sources told Reuters that Tesla is struggling to make batteries for its new pickup the Cybertruck. Tesla's Giga Texas factory is currently churning out 4680 battery cells at rate only sufficient to power about 24,000 Cybertrucks a year, or about a 10th of the required output, Reuters claimed.
Buy Hindustan Copper, target price Rs 202: ICICI Direct
Hindustan Copper Ltd., incorporated in the year 1967, is a Mid Cap company (having a market cap of Rs 18416.97 Crore) operating in Metals - Non Ferrous sector.
New tech can lead to safer EV batteries: researchers
This new design for a battery "interlayer," led by Chunsheng Wang of the University of Maryland, avoids dendrite formation and could allow the production of viable solid-state batteries for electric vehicles.
LG Chem, China's Huayou to make battery materials in Indonesia, Morocco
The Morocco plant, set to start production in 2026, aims to produce 50,000 tonnes of lithium-phosphate-iron (LFP) cathode materials annually, enough to be installed in 500,000 entry-class EVs.
GM backs EV battery startup Mitra Chem as it shifts future focus to cheaper materials
GM will lead a $60 million investment in Mitra Chem, a two-year-old Mountain View, California, company that uses artificial intelligence to accelerate development of lithium-ion battery materials.
Made-in-US rules for EV batteries shift in fine print of climate law
At stake over the coming weeks is the extent to which a critical part of the battery supply chain will end up being made in North America or remain where it’s currently concentrated, in Asia.
Epsilon Carbon looks to make cathodes for lithium-ion cells amidst EV boom, ties up with US company
Epsilon Carbon has tied up with US-based The Metals Company to study the feasibility of extracting rare metals used in lithium-ion cells from deep-sea mining as part of its ambition to become a top supplier to companies manufacturing cells for electric vehicles (EV) in India.
Epsilon Advance Material entering cathode business, to invest about Rs 2,000 crore by 2025
Epsilon has already invested close to Rs 200 crore in FY22 to make graphite anodes and have announced investments of Rs 2,000 crore to make around 40,000 tonnes a year of graphite anode by 2025.
How to interpret Tesla’s Battery Day lingo
Energy, in the form of electricity, is discharged from the battery cell when lithium ions flow from the negative electrode, or anode, to the positive electrode, or cathode. When the cell is charging, those ions flow in the opposite direction, from cathode to anode.
Big copper makers at war with smaller cos over customs duty
Secondary producers seek reduction in duty on copper cathode & copper scrap while large players want it to remain at 5%.
China likely to commit over $5 billion investment in India soon
India is also asking for greater market access for products including tobacco, oil cakes, oil seeds, bovine meat, agricultural and pharmaceuticals.
New nanomaterial can allow electric vehicles to travel farther
Today's electric vehicles are typically powered by lithium-ion batteries. But the chemistry of lithium-ion batteries limits how much energy they can store.
Videocon, Onida & Salora take on MNCs with bulky CRT TV models
A 21-inch CRT television set is now available for around Rs 7,000 compared to Rs 13,000 for a similarsized LED model.
India to become 3rd largest market with Rs 25,000 crore sales in 3 years: LG
LG expects the Indian market to become its third largest in the world within next three years with an estimated revenue of over Rs 25,000 crore.
Budget 2013: Copper industry seeks import duty cut on copper cathodes
Copper industry has asked for bringing pricing of copper cathodes at par with copper concentrates by slashing import duties.
Old gadgets get a new niche market, retro is becoming a marketing option for many consumer cos
There is a new addition to the list of proud possessions that young people like to flaunt: sewing machines.
Hindustan Copper reduces premium on its refined copper products
While the premium on Continuous Cast Copper Wire Rod has been reduced by $100/tonne, the premium on copper cathode has also been reduced by $60/tonne.
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