By A.J. Roan
Metal Tech News
Electra almost triples LG cobalt deal
Updates existing supply agreement for 19,000 metric tons Metal Tech News – July 26, 2023
Share
Tweet
Last updated 7/25/2023 at 1:23pm
With a 14% global market share, LG Battery Solution has quickly set itself among the top electric vehicle battery producers, with only China-based CATL (Contemporary Amperex Technology Co.) producing more.
As the only future cobalt sulfate supplier in North America, Electra Battery Materials Corp. has cut a deal to supply LG Energy Solution Ltd. with substantially more battery-grade cobalt than originally anticipated.
Piggybacking off an agreement inked in late 2022, Electra...
For access to this article please
sign in or
subscribe.
Reader Comments(0)