LG Chem has signed an agreement with the US electric vehicle (EV) maker Lucid Motors on February 25 to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023, but the quantity and amount of the supply are not specific. Lucid Motors plans to start producing Lucid Air pure electric cars in 2020.

Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate(APT) and ferro tungsten prices in the Chinese market are still in the upward trend as the supply of raw materials remains tight. With the gradual recovery in logistic and production of factories, market inquiry becomes active despite transactions do not increase. 

Xihuashan tungsten mine is a medium-sized first-tier enterprise affiliated to China Nonferrous Metals Industry Corporation. It is located in Dayu County, Jiangxi Province - the originator of Huaxia Tungsten, as well as the earliest and the longest mined, and be crowned as the best quality all over the world, who is known as the "tungsten capital of the world".

The lithium battery business of Panasonic is doing better and better as Tesla sells around the world. Panasonic was once a long-term production partner of Tesla's lithium batteries and was the sole lithium battery supplier at the US electric vehicle plant. However, the relationship between the two companies has cooled in the past year.

Analysis of latest tungsten market from Chinatungsten Online

China's tungsten concentrate and ferro tungsten prices have been in the upward trend since February on tight supply. Plants either had not resumed production or were operating at a low rate. 

The terbium oxide and dysprosium oxide prices in China continue to climb on Feb. 26, 2020. The trading in the light rare earth market is not active at present. With the gradual improvement of the epidemic, the output of light rare earth products has increased rapidly. However, due to the decline in the ability of downstream magnetic materials companies to take goods, product inventory is slightly sufficient, and suppliers basically quote rationally. 

The ferro molybdenum and molybdenum powder prices in the Chinese market remain weak adjustment on deadlocked supply and demand resulting in quiet market deals. The raw material markets features tight supply and firm offers when downstream delays their purchases. 

Scientists at Switzerland's École Polytechnique Fédérale de Lausanne (EPFL) in Lausanne use molybdenum oxide (MoOx) as the hole-selective contact in crystalline silicon heterojunction solar cell, which can make the cell efficiency reach 23.5%. Related research results were published on Nano Energy and Science Direct.

To significantly improve the current lithium battery performance, some scientists believe that the introduction of lithium metal as an anode component may be a feasible method. A "dream material" proposed by researchers at Washington State University (WSU) could replace the current negative electrode material, boosting the development of lithium batteries. As it turns out, wanting to integrate lithium batteries safely into the device still faces some challenges.

Analysis of latest tungsten market from Chinatungsten Online

Opening this week, Chinese tungsten prices remain stable when more and more companies gradually resume operations. Most sellers still have strong rised mentality due to the tightening availability of raw materials.