Last April, Tianqi disclosed that SQM owed the Chilean government USD1.1 billion in back taxes, following a court ruling, resulting in a net loss of about USD260 million for the Chinese firm based on its 22.2 percent stake, which was subsequently booked in its first-quarter earnings for 2024.

A future EV battery recycling facility in Detroit will contribute to the materials supply chain, officials say.

This recent fire highlights not only the immediate environmental effects but also the long-term implications for the role of lithium-ion technology in renewable energy.

Over the last week, firefighters have fought some of the largest wildfires in Los Angeles, burning down hundreds of homes – and businesses, like one of the largest battery plants in Northern California.

A extremely big lithium-ion battery facility in California has caught fire, resulting the plant and the surrounding area to be evacuated.

The massive fire at one of the world's largest lithium battery storage plants in Northern California has shaken a local community worried about possible long-term impacts and brought scrutiny to the emerging industry's safety practices.

The Oologah Town Board chose to refuse the industrial zoning change proposed to allow a lithium battery bank to be built in Oologah.

It marks its entry into the maritime battery market, which it said is “driven by the increasing demand for sustainable shipping solutions.”

Electric vehicles (EV) are demonstrating rapid improvement in reliability, with a 12 per cent lower likelihood of failure for each successive year of production, according to new research by a multinational team of researchers.

Plans to build another battery energy storage system in Twineham have been approved by Mid Sussex District Council.