LG Chem partners with Huayou Group to build joint LFP cathode plant in Morocco

Mining News Pro - South Korea’s LG Chem said on Sunday it has entered into partnership with China’s Huayou Group’s subsidiary Youshan to build a joint electric vehicle (EV) battery material plant in Morocco in an effort to diversify its portfolio.

Huayou commissions $300 million Zimbabwe lithium plant

Mining News Pro - Zhejiang Huayou Cobalt on Wednesday commissioned a lithium concentrator in Zimbabwe as it seeks to consolidate its position as one of the world’s top battery materials producers.

Vale Indonesia signs HPAL deal with China’s Huayou

Mining News Pro - Nickel miner PT Vale Indonesia on Tuesday signed an agreement with China’s Zhejiang Huayou Cobalt to build a second high-pressure acid leach (HPAL) plant to produce nickel material used in batteries to power electric vehicles.

China Moly joins Huayou in Indonesia nickel project

Mining News Pro - China Molybdenum Co said it planned to take an indirect 30% stake in an Indonesian nickel project as it looks to increase its exposure to the growing market for battery metals.

China’s Huayou pulls out of Congo cobalt mine investment after price slump

Mining News Pro - China’s biggest cobalt refiner Zhejiang Huayou Cobalt said on Thursday its overseas unit is pulling out a deal to invest $66.3 million in a cobalt mine in the Democratic Republic of Congo (DRC) after prices of the metal slid.

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