More Lithium Supply Chain Companies Join Industry Association, Auto News, ET Auto

The five original founding members of the International Lithium Association (ILiA), SQM, Ganfeng Lithium, AMG Brazil, Orocobre and Pilbara Minerals, account for more than half of the world’s lithium production.

LONDON:

Twelve other companies in the lithium supply chain, including Rio Tinto, BASF and Sibanye Stillwater, have joined a global trade association for the material used to make batteries for electric vehicles.

They, alongside others such as Savannah Resources, SVOLT Energy Technology, Sichuan Calciner Technology, Minviro, Hatch, Galvanic Energy, C&D Logistics Group, Adionics and Anson Resources, will join as founding associate members.

The five original founding members of the International Lithium Association (ILiA), SQM, Ganfeng Lithium, AMG Brazil, Orocobre and Pilbara Minerals, account for more than half of the world’s lithium production.

“Faced with rapid growth, change and attention, lithium producers saw an urgent need for the industry to form an association that could effectively address common challenges, such as promoting a value chain sustainability of lithium as we move forward into the lithium century,” ILiA said in a statement on Wednesday.

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German-Australian company Vulcan signed a preliminary lithium supply deal with automaker Stellantis last month, shortly after striking a similar deal with rival Renault amid rising demand for electric vehicles. .

A 50/50-owned joint venture – Aurora – will operate the plant which will have an initial annual production capacity of up to 35,000 tonnes of lithium hydroxide, a key material for lithium-ion battery makers, the company said on Tuesday. Swedish.

Andrew B. Reiter