Workflow
Battery Manufacturing
icon
Search documents
Tesla Lithium Refinery
Tesla· 2026-01-14 19:29
This refinery is the first spoimeine to lithium hydroxide refinery in North America. We're deploying a new technology platform that is inherently uh much more environmentally friendly and cleaner. It's a simpler process. It's a less expensive process.I'm Jason Beavenon. I'm the site manager for Tesla's GF Coast lithium refinery just outside of Corpus Christie, Texas. Spamine is a lithium containing ore. It's a hard rock material that is rich in lithium.>> We sustainably source spammine and bring it to site ...
Northern Graphite, Al Obeikan form JV to build battery anode plant in Saudi Arabia
Reuters· 2026-01-14 16:02
Core Viewpoint - Northern Graphite has signed a preliminary agreement with Saudi Arabian investment firm Al Obeikan Group to jointly develop and operate a large-scale battery anode material facility [1] Company Summary - Northern Graphite is collaborating with Al Obeikan Group, indicating a strategic move to enhance its capabilities in the battery anode material sector [1] - The partnership aims to leverage resources and expertise from both companies to establish a significant presence in the battery materials market [1] Industry Summary - The agreement highlights the growing demand for battery anode materials, driven by the increasing adoption of electric vehicles and renewable energy storage solutions [1] - This collaboration reflects a trend in the industry where companies are seeking partnerships to scale production and meet the rising market needs [1]
KULR Technology Group Awarded 5-year Preferred Battery Supply Agreement from Caban Energy; Expands U.S. Manufacturing Footprint
Globenewswire· 2026-01-14 13:30
Core Insights - KULR Technology Group has secured a five-year preferred battery supply agreement with Caban Energy, expected to generate approximately $30 million in revenue starting in 2026, reinforcing its strategy in energy-storage technologies across various markets [1][4] Group 1: Company Developments - The agreement includes KULR taking over Caban's manufacturing assets in Plano, Texas, enhancing its domestic production capabilities and facilitating expansion into communications and data-center energy-storage markets [3] - KULR's CEO emphasized that centralizing and integrating manufacturing capabilities will increase development and production throughput, enabling the delivery of high-reliability energy systems at scale [4] Group 2: Industry Context - KULR's focus on lithium-based battery solutions highlights the critical role of advanced energy storage in maintaining continuous operations in digital infrastructure and telecommunications, particularly as expectations for uptime and resilience grow [2] - The integration of telecom-focused battery solutions aligns KULR's technology with the needs of digital infrastructure operators, who require reliable backup power for 5G rollouts and long-term scalability [2]
MBAK Energy Solutions, Inc. (OTC:MBAK) Nominates Dr. Konda Shiva to the Board of Directors
Globenewswire· 2026-01-14 13:00
Company Overview - MBAK Energy Solutions, Inc. is focused on the development, manufacturing, and commercialization of non-fossil fuel energy products, with expertise in lithium, sodium, and solid-state batteries for various applications including industrial, medical, portable electronics, and electric vehicles [4]. Leadership Appointment - Dr. Konda Shiva has been nominated to the MBAK board of directors, bringing a wealth of experience in electrical energy storage and distribution innovation [1][2]. - Dr. Shiva holds 8 patents and has authored numerous peer-reviewed publications, with a background that includes post-doctoral work at the University of Texas and battery development at Nissan's Battery Research and Development Center [2]. Strategic Positioning - Dr. Shiva is the founder and CEO of AACCENOS Solutions Pvt. Ltd., where he leads initiatives in battery technology development and energy innovation, particularly for electric mobility and grid-scale energy storage [2]. - His expertise positions MBAK to capitalize on the growing demand for grid-scale electric energy, especially as Middle Eastern countries transition to sustainable energy and expand data center infrastructure [2]. Vision and Goals - Dr. Shiva is passionate about translating scientific research into commercially viable solutions, which he aims to bring to his role as an independent director on the MBAK board [3].
Battery X Metals Reports Estimated Driving Range Increase of ~135 Kilometers After Battery Rebalancing Procedure of Previously Inoperable Light-Duty Electric Vehicle with Severe Battery Cell Imbalance in Preliminary Performance Trial
Accessnewswire· 2026-01-14 01:00
News Release Highlights: Battery X Metals successfully restored meaningful real-world driving range to a previously inoperable light-duty electric vehicle, demonstrating an average post-rebalancing driving distance of approximately 135.9 kilometers per charge following deployment of its patent-pending, second-generation lithium-ion battery rebalancing platform. The preliminary rebalancing trial materially narrowed the cell-level voltage differential within a severely degraded 144-cell NMC lithium-ion batter ...
“It’s LiTime to Fish Fun!” LiTime Launches A Global Fun Fishing Contest to Celebrate Fun Moments on the Water
Globenewswire· 2026-01-13 14:36
Core Insights - LiTime launched its first Global Fun Fishing Contest on January 11, 2026, under the theme "It's LiTime to Fish Fun," inviting anglers worldwide to share their fishing stories and experiences [2][5][13] Company Overview - LiTime is a global leader in new energy innovation, specializing in lithium battery solutions for outdoor activities, including fishing [10][15] - The company has a portfolio of over 60 battery products and 34 chargers, establishing an industry-leading marine power ecosystem [12] Contest Details - The Global Fun Fishing Contest features a total prize pool of €17,200 ($20,000) and spans approximately two and a half months, encouraging participants to share authentic fishing content [9][13] - Participants can win prizes through various categories, including popularity content awards and a global invitation leaderboard, with additional incentives for inviting friends [13] Community Engagement - The contest aims to create an inclusive platform for recreational anglers, celebrating the joy of fishing as a lifestyle and personal expression [5][6][11] - LiTime's initiative seeks to reconnect individuals with nature and promote shared experiences among family and friends [14]
LiTime Launches Its First Global Fun Fishing Contest, Inviting Participants Worldwide to Capture Their Moments on the Water and Share the Joy of Fishing
Globenewswire· 2026-01-13 14:00
NEW YORK, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Picture this: a father who hasn’t picked up a fishing rod in years decides, on an ordinary Saturday, to take his family out to a long-forgotten lake. There’s no meticulous plan, no professional technique—just a tangled line, shared laughter, and a family huddled together figuring things out. Maybe they don’t catch the “big one” that day, but the gentle bob of a float, the children’s excited cheers, and the shared moments of joy become treasured memories. Or imagin ...
Expion360 Issues Stockholder Letter
Globenewswire· 2026-01-13 13:00
Core Viewpoint - Expion360 Inc. is focused on growth and strengthening its leadership position in the lithium iron phosphate battery market, with significant improvements in financial performance and operational capabilities in 2025, setting the stage for continued success in 2026 [1][9]. Leadership and Governance - The company underwent a strategic evolution in its executive leadership to enhance governance and financial discipline, appointing Joseph Hammer as CEO and Chairman, and Shawna Bowin as CFO, both bringing extensive experience to their roles [2][3]. Financial Performance - In Q3 2025, net sales increased by 72% to $2.4 million, gross profit surged by 222% to $0.5 million, and gross margin improved to 23% from 12% [5]. - For the nine months ending September 30, 2025, net sales reached $7.4 million, more than double the $3.6 million from the same period in 2024, with gross profits of $1.7 million compared to $0.7 million in the prior year [6]. Operational and Balance Sheet Enhancements - The company strengthened its balance sheet through various capital-raising initiatives, including a direct offering and private placements, generating approximately $2.6 million and $6.5 million from warrant exercises, enhancing liquidity and operational flexibility [7][8]. 2026 Operational Outlook - Expion360 anticipates 2026 to be a milestone year, driven by growing demand for its LiFePO4 batteries and accessories, supported by a robust pipeline of recurring orders and new partnerships [9][10]. - The focus for 2026 includes innovation, margin expansion, and disciplined growth in markets with sustainable demand, particularly in industrial and construction sectors [10][11]. Product Development and Market Opportunities - The company is developing specialized energy storage solutions for surveillance applications and pursuing growth in industrial markets, emphasizing efficiency and sustainability [11][12]. - Expion360's technology roadmap includes advancements in lithium-ion and LiFePO4 chemistries, aiming to enhance safety, cycle life, and cost efficiency for various applications [13][14]. Market Outlook - The market outlook remains strong, with anticipated growth in RV, marine, and industrial sectors, alongside potential opportunities in defense technology as the Pentagon focuses on domestic battery supply chains [14][15].
LG Energy Solution reports lower operating loss in Q4
Yahoo Finance· 2026-01-13 10:10
Group 1 - LG Energy Solution (LGES) reported an operating loss of KRW 122 billion (US$ 83 million) in Q4 2025, which is less than half of the KRW 225 billion loss from Q4 2024 [1][3] - Sales revenue for Q4 2025 declined by 4.8% to KRW 6.14 trillion, with net earnings estimates yet to be released [2] - The company's financial performance was bolstered by a KRW 332.8 billion tax credit from the Advanced Manufacturing Production Credit (AMPC) under the US Inflation Reduction Act [2] Group 2 - Without the AMPC tax credit, LGES estimates an operating loss of KRW 454.8 billion for Q4 2025 [3] - The company anticipates a full-year 2025 operating profit of KRW 1.34 trillion, representing a 134% increase from the previous year, driven by strong demand earlier in the year before the US government reduced tax credits for BEV buyers in September [3] - Global battery manufacturers, including LGES, are expanding in the energy storage system market to compensate for the slowing demand for battery electric vehicles (BEVs) in the US [4]
NextSource Materials Executes Term Sheets with Strategic Investors and Local Capital Partners to Advance Towards Final Investment Decision for its Proposed UAE Battery Anode Facility
Accessnewswire· 2026-01-12 13:40
Core Viewpoint - NextSource Materials Inc. has made significant progress in securing funding for its Battery Anode Facility in Abu Dhabi, indicating a positive trajectory towards a final investment decision [1] Group 1: Company Developments - The company has finalized multiple term sheets with strategic investors to fund Phase 1 of the Battery Anode Facility [1] - This funding is a crucial step in the company's strategic financing process [1] - The progress reinforces the company's path towards making a final investment decision [1]