Albemarle successfully auctioned 16,000 tons of spodumene, with a transaction price of US$1,210 per ton!

On August 4, news emerged that the signing ceremony for the cooperation project between BTR Group and Wuchuang Recycling was held in Ningxiang City, Hunan Province. This collaboration, leveraging BTR Group's technological and channel advantages in the anode material field and Wuchuang Recycling's supporting infrastructure in the waste lithium battery recycling industry, will further complement the downstream material segment of Ningxiang's power battery recycling industry chain. This will enhance industrial synergies and inject new momentum into the development of the green economy.

Recently, Qingdao Haida Ruiyuan New Energy Technology Co., Ltd. announced its plan to construct a lithium battery anode material expansion project utilizing existing completed factory facilities. The project is located east of Liugezhuang Village, Tianzhuang Town, Pingdu City, Qingdao, Shandong, with a total investment of 117 million yuan. The site covers a total area of 14,777.5 square meters, with a building area of 14,777.5 square meters. Main production equipment includes mechanical mills, roller mills, reactors, and tunnel kilns. The project primarily uses petroleum coke (needle coke), calcined petroleum coke, and asphalt as raw materials, which undergo pelletizing, roasting, and other processes to produce lithium battery anode materials. The production capacity is 80,000 tons per year.

【Ascend Elements Reaches DOJ Settlement Over DOE Grant Claims】 U.S. battery recycler Ascend Elements has agreed to pay US$7.5 million to settle civil allegations over inflated reimbursement claims under a U.S. Department of Energy (DOE) grant. The DOE has canceled the remaining funding for the Hopkinsville battery recycling project, which is about 65% complete, while the facility's future development remains under review.