Zinnwald Lithium's Stock Price Jumps 12% on German Government Support

South Korea’s Ministry of Climate, Energy and Environment announced that it will pre-announce revisions to the enforcement decree and rules of the Act on the Integrated Management of Environmental Pollution Facilities from August 26 to October 6. The revision focuses on adding industries that require integrated environmental management, taking into account changes in the industrial structure and fairness among sectors. Seven industries will be newly added: automobile manufacturing, secondary battery manufacturing, non-alcoholic beverage manufacturing, animal and vegetable oils and dairy product manufacturing, other food manufacturing, flat glass manufacturing, and rubber product manufacturing. The new rules will apply to automobile, secondary battery, flat glass and rubber product manufacturing from January 2029.

LG Energy Solution said solid-state batteries are likely to be commercialized first in small IT devices such as smartphones rather than electric vehicles, citing technical barriers in scaling up and mass production. According to U.S. automotive media outlet InsideEVs on August 24, the head of LG Energy Solution’s North America business made the remarks during a press briefing for local media following the opening ceremony of the company’s Lansing plant in Michigan. “The problem with solid-state batteries is large-scale production,” he said, adding that while their high energy density makes them feasible for small form factors, most companies face difficulties when trying to produce very large form factors. He added that solid-state batteries will likely be seen in smartphones about 10 years before they appear in EVs, and that they are expected to be applied first in specialized use cases before being deemed suitable for EVs or ESS.