Rio Tinto (RIO) has announced a major acquisition, agreeing to purchase U.S.-based Arcadium Lithium for $6.7 billion. This all-cash deal positions Rio Tinto as a leader in the lithium market amid the rise of electric vehicles (EVs) and renewable energy storage needs. Arcadium Lithium Acquisition… Read More »Rio Tinto Acquires Arcadium Lithium for $6.7 Billion in Strategic Move
Lithium Australia Ltd (ASX:LIT, OTC:LMMFF) has announced an exclusive agreement between its subsidiary Envirostream Australia and Infinitev Australia. This deal will enhance Lithium Australia’s lithium-ion battery supply and expand its recycling capabilities. Lithium Australia’s Strategic Partnership The agreement with Infinitev, a subsidiary of Amotiv Limited,… Read More »Lithium Australia’s Exclusive Battery Recycling Deal with Infinitev
Top 10 Lithium-ion Battery Manufacturers in India The growing demand for electric vehicles (EVs) in India is driven by environmental awareness and government incentives. At the heart of this green revolution are lithium-ion batteries, essential for EVs due to their high energy efficiency and longevity.… Read More »Top 10 Lithium-Ion Battery Manufacturers in India (2024)
Amara Raja Batteries Ltd (AMARON), headquartered in Tirupati, Andhra Pradesh, is a key player in the Indian lithium-ion battery sector. With over 18,532 employees and revenues surpassing $2 billion in 2024, the company is setting up a Gigafactory in Telangana to meet the growing demand… Read More »Top 10 Lithium-Ion Battery Manufacturers in India 2024
Introduction ExxonMobil, a titan in the oil and gas industry, has announced a groundbreaking shift in its business strategy, venturing into lithium production. This move is aimed at capturing a share of the burgeoning electric vehicle (EV) battery market. The company’s ambitious plan to drill… Read More »ExxonMobil Moves into Lithium Production for EV Batteries
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