The US is expected to bring 160 gigawatt hours (GWh) of new gigafactory capacity online in 2025, its largest annual increase to date, according to Benchmark’s Gigafactory Assessment. This is a marked increase on previous years where capacity from new facilities grew by an average of 26 GWh per year between 2022 and 2024. “Whilst […]
> China has postponed the implementation of its expanded rare earth export controls announced in early October following high-level US-China trade negotiations in South Korea this week. It marks a temporary easing in what had become an escalating front in the tit-for-tat US–China trade confrontation. The announcement follows extensive economic and trade consultations in Kuala Lumpur, […]
> Lithium chemical prices spiked in China on Monday following a bullish speech by the chairman of Ganfeng – the world’s third-largest lithium producer – in which it was suggested that lithium demand growth could reach 30% in 2026. In a keynote speech on 16 November at the 10th International Summit on Power Battery Application in […]
> Since January 2025, 108GWh of LFP production capacity has been announced in North America through to 2030, bringing the total to 281GWh. These announcements have been driven by the increasing importance of the BESS industry in the US, as tax credits for EVs have been phased out. How is future capacity changing? The new capacity […]
> Indonesia’s recently inagurated president Prabowo Subianto witnessed the signing of a $1.4 billion high pressure acid leach (HPAL) agreement between PT Vale Indonesia and China’s GEM in Beijing last week, an early success for the new president’s ambition to continue the ‘downstreaming’ policy that defined predecessor Joko Widodo’s tenure in office. Under the terms of […]
> US President Donald Trump this week secured major investments in US-based projects from Japan and South Korea covering critical minerals, stationary storage, and other high-priority sectors, as part of trade agreements to lower US tariff barriers. The trade deals come ahead of a high-level meeting between President Trump and Chinese President Xi Jinping – the […]
> India’s pipeline of cathode active material (CAM) production capacity is set to grow more than 50-fold over the next decade. Altmin, Himadri Speciality Chemical, and Epsilon Advanced Materials have the largest pipeline capacities in the country. Almost all CAM capacity under development in India is for LFP, both due to the popularity of the cathode […]
> In the season of Q3 result releases, battery manufacturer CATL has reported record financial performance. Cumulative revenue from Q1–Q3 rose from RMB259bn ($36bn) in 2024 to RMB283bn ($39.3bn) in 2025, a year‑on‑year increase of 9%. Net profit also rose 41% between Q3 2024 and Q3 2025, from RMB13.14bn ($1.87bn) to RMB18.55bn ($2.58bn). Efficiency gains underpin profit growth Increasing efficiency has […]
> Final eligibility rules for the Inflation Reduction Act’s (IRA) 45X Advanced Manufacturing Production Credit (AMPC) should open up tax credits for certain miners where they were previously excluded. Revisions by the US Treasury and Internal Revenue Service to guidelines drafted last December mean that material costs, including the mining and extraction of critical minerals, now […]