To scale up the EV battery production capacity, LG Chem will acquire a home appliances plant near its Wroclaw plant in Poland. It is understood that LG Chem recently signed an agreement with Turkish electronics and electrical appliance manufacturer Vesel. The battery maker intends to acquire its home appliance factory in Breslau, Poland to expand the capacity of its Polish power battery plant and ease the pressure of insufficient battery supply.

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices remained stable in the week ended on Friday March 6, 2020 as most raw material companies resumed production while the terminal side did not increase the inquiry. Affected by the Coronavirus and persistent weakness in the demand side, tungsten market was caught in wait-and-see atmosphere. 

Chinese rare earth prices still maintain a slight adjustment in the first trading day in the week began on March 9, 2020 as market deals are hardly concluded due to cautious sentiment of market participants. 

Molybdenum market quotation in China: the latest of molybdenum concentrate, ammonium molybdate and ferro molybdenum prices are in the downward trend due to increased supply of raw materials but continued weak demand. 

Tungsten and tin mining industry in Tanzania are expected to grow fleetly, according to foreign media reports, Tanzanian Prime Minister Majaliwa attended the 2020 Tanzania Minerals and Mining Investment Conference closing ceremony and said that the country has now met the need for selling 3T minerals (tin, tantalum, and tungsten). Therefore, the country's mining sector is expected to achieve long term development.

The signing ceremony of the Corehelm nano-rare earth electric heating material project was held in Huizhou Industrial Transfer Park, at Longmen on Marth 4. It will introduce a total investment of RMB 4.1 billion, according to the report.

Analysis of latest tungsten market from Chinatungsten Online

Chinese ammonium paratungstate(APT) and cesium tungsten bronze prices maintain stability on deadlocked supply and demand in the market. With more and more companies coming back to work, the supply of spot goods increases, but due to high production costs and limited inventories, most sellers still are reluctant to sell at low prices. 

Energy-saving rare earth electrolytic cell in China have achieved breakthroughs recently. The reporter came to the workshop of a new material production enterprise in Baotou Rare Earth High-Tech Industrial Development Zone and was attracted by an electrolytic bath that is 2.2 meters long, 1.8 meters wide, and 1 meter high. According to the company personnel, this is the Wan'an electrolytic cell, a bulky killer in the world's largest praseodymium-neodymium production base.

Recent study unveils that fluorine-incorporated electrolytes can evenly form a protective film on the positive and negative electrodes of Li metal batteries, prolonging the lifespan and output of the entire battery. According to report, a joint research team led by Professor Nam-Soon Choi and Sang Kyu Kwak of the School of Energy and Chemical Engineering at Ulsan National Institute of Science and Technology (UNIST) in Korea has developed the ion-concentration electrolyte using a fluorine atom-containing solvent liquid to enhance cycling stability of batteries.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and cesium tungsten bronze prices in China continue to maintain stability as the logistic constrains and cautious sentiment of traders lower trading activity. Raw material sellers are reluctant to sell with watchful stance while the demand side still remain low interest in stocking.