EVE Energy Co will construct a new nickel-cobalt-manganese (NCM) operation in China in a joint venture with two partners, the Chinese lithium battery producer said, to bolster its position in the upstream sector for battery raw materials.
The project - to be built with Chinese battery raw materials producer BTR (JiangSu) New Material Technology Ltd and South Korea-based electric vehicle (EV) battery maker SK Innovation - has target capacity of 50,000 tonnes per year of nickel-rich NCM battery cathode...