ExxonMobil Signs Non-Binding Deal to Supply 100,000 Tons of Lithium from Arkansas Project to SK On

The company plans to launch its fifth-generation LFP full-scenario battery in mid-May, covering all application scenarios including passenger vehicles, commercial vehicles, energy storage, and low-altitude aircraft. According to reports, the new fifth-generation LFP battery can achieve a maximum energy density of 205 Wh/kg; the superfast charging version can charge from 10% to 70% SOC in less than 4.5 minutes; the ultra-long lifespan version can support over 10 years of ultra-long warranty for vehicle use and a 30-year ultra-long lifespan for energy storage applications. Gotion High-tech will hold the 2026 Global Technology Conference in Hefei on May 16, where the technology will be unveiled.

In March 2026, China’s phosphate ore imports reached 182,000 mt, up 88.2% MoM and 144.4% YoY, with an average price of $79.9/mt, down 7.2% MoM.Affected by Strait of Hormuz disruptions, Jordan halted supplies for the first time since September 2023. Imports mainly came from Egypt (170,000 mt) and Pakistan (12,000 mt), through Guangxi, Hubei and Fujian.

On April 18, Meilian New Materials disclosed that regarding the technical transformation project for Prussian blue sodium battery cathode materials, the company has completed the construction of thousand-ton production capacity and continues to optimize material properties. This supports downstream efforts to achieve industrialization as soon as possible, developing high-performance products suitable for application scenarios such as energy storage and electric transportation, which have significant market potential. The company has identified sodium-ion battery cathode materials, battery wet-process separators, and EX electronic materials as key development directions, striving to establish new profit growth points.