Wednesday 23 August 2023
Nickel firm eyes Texas for $400 million EV battery-metal plant
A Luxembourg-based firm that's harnessing microwave technology to recover metals is looking to build a $440 million refinery in Texas to help quench demand for a key ingredient in...
Tuesday 2 May 2023
Stellantis secures battery-grade nickel and cobalt supply in Australia
Stellantis has deepened ties with another battery material partner to support its electrified future. The carmaker and Australia-based Alliance Nickel have signed a five-year agreement...
Tuesday 18 April 2023
Indonesia woos VW to offset China's dominance in nickel riches
Indonesia is urging Volkswagen AG to invest in its electric vehicle industry as the country seeks to counterbalance Chinese companies' dominance over its nickel reserves.
Friday 31 March 2023
Ford joins a US$4.51 billion nickel processing project in Indonesia
US automaker Ford made a battery material investment in Indonesia, a first for the company in Southeast Asia. The US$4.51 billion project is also joined by PT Vale Indonesia and Huayou...
Thursday 23 March 2023
Lithium, nickel prices on decline as China demand slows
Nickel, copper, and aluminum prices have fallen to their lowest points in months. Lithium carbonate, a key material for EV batteries, also plunged as supply outpaces demand.
Tuesday 20 September 2022
Ford set to process nickel in Indonesia with Vale
Vale Indonesia, the Indonesian operation unit of the Brazil-based mining giant Vale, is set to begin three nickel mining and processing projects in Sulawesi, Indonesia together with...
Wednesday 10 August 2022
Indonesia secures US$5 billion nickel deal from Tesla
Tesla has signed contracts worth approximately US$5 billion to purchase nickel from two companies in Indonesia on August 8, 2022, according to Luhut Pandjaitan, the coordinating minister...
Monday 25 April 2022
South Korea challenged by China's tight grip on battery materials
South Korea is facing challenges to expand its electric vehicle (EV) battery industry due to soaring costs of raw materials that are tightly controlled by China.
Friday 1 April 2022
US to encourage domestic mining for lithium and nickel by invoking Cold War-era law
The US government is addressing the critical shortages of EV battery materials by invoking Defense Production Act (DPA) to boost domestic mineral production and reduce reliance on...
Friday 25 March 2022
EV battery report: Indonesia aims to foster domestic nickel processing industry
Indonesia is the world's largest producer of processed nickel and home to 23.7% of the world's nickel reserves. Before demand for electric vehicles (EV) and EV batteries surged, about...
Tuesday 22 March 2022
Leadframe supplier CWTC sees order visibility extended to 2023
Leadframe supplier Chang Wah Technology (CWTC) has seen the visibility of orders from its IDM customers for automotive and industrial applications extended to 2023, according to the...
Tuesday 15 March 2022
Nickel price volatility prompts packaging materials suppliers to stop taking orders
Nickel prices have been volatile, discouraging IC packaging material suppliers, such as leadframe makers, from taking new orders, according to industry sources.
Friday 11 March 2022
Russia-Ukraine conflict causing raw material prices to skyrocket
The prices of raw materials such as nickel have skyrocketed after the Russia-Ukraine war broke out, resulting in higher costs for Taiwan-based PCB equipment makers, according to industry...
Wednesday 9 March 2022
Supply chain remains calm as metal prices soar
The price of raw materials such as copper, aluminum, and nickel have soared since the outbreak of the Russia-Ukraine war, but components manufacturers have remained calm.