Blackstone Minerals partners with South Korean firm for Li-ion battery production
2019-12-02 16:54:28 [Print]
Australia's Blackstone Minerals Ltd. on Monday said it signed a non-binding joint venture agreement with South Korea's Ecopro BM Co. to develop nickel, cobalt or other minerals for battery manufacturing.
Blackstone Minerals said Ecopro BM, South Korea's largest electric vehicle battery cathode producer, will develop a downstream processing facility with Blackstone Minerals' Ta Khoa Nickel Project in Vietnam.
"Our Ta Khoa Nickel Project has significant potential to deliver the critical raw materials required for Ecopro's cathode manufacturing process and meet the ever-increasing demand for high-nickel content cathodes driven by the imminent electric vehicle (EV) revolution," Blackstone Minerals' Managing Director Scott Williamson said.
Blackstone Minerals said Ecopro BM, South Korea's largest electric vehicle battery cathode producer, will develop a downstream processing facility with Blackstone Minerals' Ta Khoa Nickel Project in Vietnam.
"Our Ta Khoa Nickel Project has significant potential to deliver the critical raw materials required for Ecopro's cathode manufacturing process and meet the ever-increasing demand for high-nickel content cathodes driven by the imminent electric vehicle (EV) revolution," Blackstone Minerals' Managing Director Scott Williamson said.
Lithium Hydroxide LiOH 56.5%min, Magnets 0.0001%max Delivered South Korea
Unit:USD/kg
China's lithium maganate producers' inventory statistics by province by month
Unit: RMB/mt
