BASF and BYD will jointly build a new materials factory
Markets & Prices
Dec 19, 2023
16
German chemicals giant BASF is considering a lithium processing project in Chile. It is exploring the possibility of building a factory that would convert lithium from Chilean salt flats into cathode material needed for electric vehicle batteries.
Relevant sources revealed that BASF recently signed an agreement with Canadian explorer Wealth Minerals Ltd., which will include the offtake of lithium.
If the project goes ahead, BASF will build a cathode factory in Chile together with Chinese companies BYD and Tsingshan Holding Group.
Disclaimer
1. The above remarks only represent the author’s own opinions and do not represent the position of this site;
2. When reprinting articles, please indicate that they are from "Plas.com (www.plas.com)" and include the author’s name. Commercial use requires authorization from the author and the website;
3. If there is any infringement, please contact the author directly, or send a written letter to our company for transmission and processing;
Latest News
20231228 | CrudeOil Price
BEIOUYI: China’s first polyolefin elastomer (POE) industrial equipment is put into production
