Cathode capacity expansions continue in Asia & Europe to meet 2022 & 2023 demand

This week we have seen leading cathode producers Umicore, POSCO and BASF reaffirm plans as part of their wider cathode capacity buildouts. These leading cathode producers continue to make progress in ramping up capacity to meet future lithium ion cell demand despite short-term fears surrounding the economic fallout from Covid-19.

Umicore this week confirmed its €125 million loan from the European Investment Bank (EIB), which forms part of the European Commission’s wider push supply chain push.

The EIB loan is being used by Umicore to finance the construction of its cathode manufacturing plant in Nysa, Poland, and . . .


Login to continue reading!

This article is restricted to Benchmark Membership subscribers.

Login

Not subscribed yet?

To subscribe or to find out more about Benchmark Membership click here or fill in the form below and a member of our team will be in touch with you as soon as possible.