The first phase of investment, totaling $7 billion, is allocated to the Josemaria and Filo del Sol projects, with construction scheduled from 2027 to 2030. Upon full operation, the project is expected to produce an average annual output of 395,000 mt of copper, 711,000 ounces of gold, and 22.2 million ounces of silver over the first 25 years; cumulative production in the first decade is projected to reach 2.5 million mt of copper, 5.5 million ounces of gold, and 214 million ounces of silver. Development will proceed in three phases: the first phase focuses on the Josemaria deposit, while the second and third phases prioritize the Filo del Sol deposit.

Hanjung NCS, a specialist in energy storage system (ESS) cooling systems, will break ground in April on a new U.S. plant in Huntington, Indiana. The facility is scheduled to begin operations in June 2027, in line with plans by Samsung SDI to convert production lines at its Indiana joint venture plant with Stellantis to ESS manufacturing.

Chinese urban air mobility (UAM) tech company EHang announced on Feb. 25 it has signed a strategic framework agreement with JAC Motors and Hefei Guoxian Holdings Co., Ltd. to establish a joint venture...

As announced on 25 March, Pilbara Minerals and Ganfeng Lithium signed a binding term sheet to explore the feasibility of establishing a downstream lithium conversion facility.

Recently, Golden Sun New Energy (01121.HK) announced that on April 29, 2025, its indirectly wholly-owned subsidiary, Golden Sun Quanzhou New Energy Technology Co., Ltd., had entered into a joint venture agreement with Yiwu JA Solar Technology Co., Ltd. and Fujian Jinshi Energy Co., Ltd. for the establishment of a joint venture company by Yiwu JA Solar and Fujian Jinshi for the 4GW Hybrid Passivated Back Contact (HBC) Upgrade and Retrofit Project.

[SMM Titanium Express] India's IREL partners with Kazakhstan's UKTMP to establish JV for producing titanium slag from low-grade ilmenite in Odisha. The project introduces automated furnace technology to supply strategic material for aerospace/defense sectors, with offtake agreement boosting exports and paving way for domestic TiO₂/sponge Ti production.

[CNGR's Investment in a Nickel Refinery Project in South Korea and Acceleration of Global Expansion] CNGR announced the termination of its joint venture plant construction with POSCO Holdings. The two parties conducted multiple rounds of investment analysis and evaluation regarding project operation and management costs, but the project has yet to achieve substantial progress. Additionally, CNGR is accelerating its global expansion, having fully launched its internationalization strategy in 2021, with corresponding capacity planning on both the materials and resources fronts. In H1 2024, the company's total nickel product output in Indonesia exceeded 35,000 mt in metal content, with Q2 showing a QoQ increase of nearly 40%, which is expected to drive profitability improvement.

【4.30 Lithium Battery News Flash】 ►Trump signs proclamation to provide compensation for tariffs on auto parts ►US Secretary of Commerce Lutnick: The exemption for auto parts only applies to finished product producers that manufacture and sell vehicles ►LG Energy Solution and France's Derichebourg establish a joint venture to build a battery recycling plant ►Tianqi Lithium: Q1 net profit of 104 million yuan, turning losses into gains YoY ►Ganfeng Lithium: Net loss of 356 million yuan in Q1 ►Dongfeng Motor responds to the closure of its Wuhan plant

【Do-Fluoride: Establishes a JV Company with 100 Million Yuan Capital in Partnership with Xianghe Kunlun】Do-Fluoride announced that the company has signed a joint venture agreement with Xianghe Kunlun New Energy Materials Co., Ltd. to establish Henan Do-Fluoride Kunlun New Materials Co., Ltd. with a registered capital of 100 million yuan. Do-Fluoride contributed 90 million yuan, accounting for 90% of the total; while Xianghe Kunlun contributed 10 million yuan, accounting for 10%. The joint venture plans to build a production line with an annual output of 10,000 tons of lithium hexafluorophosphate, with a project duration of 12-15 months. The investment funds are sourced from the company's own funds, which will have no significant impact on the company's operating cash position and current profit and loss.

Stellantis N.V. and Leapmotor announced today that they have completed all necessary approvals to establish Leapmotor International B.V.,with Stellantis leading the joint venture with a 51% stake and ...