XTC New Energy Materials establecerá una filial en Hong Kong e invertirá 64,58 millones de dólares en un proyecto de material catódico en Malasia.

Innox Lithium announced on June 25 that it has signed a memorandum of understanding (MOU) with JS Chem, a company specializing in lithium sulfide production, to cooperate on the solid-state battery materials business. Under the agreement, Innox Lithium will supply high-purity lithium hydroxide needed to produce lithium sulfide (Li₂S), while JS Chem plans to use the material to establish a lithium sulfide production supply chain.

Keeps BioPharma announced on June 24 that its subsidiary Battery Solutions signed a memorandum of understanding (MOU) with South Korean battery recycling company CIS Chemical to cooperate on the LFP waste battery recycling business. Under the agreement, Battery Solutions will handle pretreatment processes, including waste battery collection, discharging, dismantling and shredding. CIS Chemical will then be responsible for post-treatment processes to recover key valuable metals, such as lithium and iron phosphate, from black mass.

Battery company PNT has invested KRW 150 billion to build a lithium iron phosphate (LFP) cathode and battery cell production plant at Gumi High-Tech Valley, also known as the National Industrial Complex 5, in Gumi, North Gyeongsang Province.