SINO-RUSSIAN LITHIUM BATTERY PLANT TO POUR AUTO BATTERIES INTO AN INCREASINGLY MATURE MARKET
February 1st, 2012
BY JAMES FULLER, IN LONDON; AND EUGENE VOROTNIKOV, IN ST PETERSBURG
TIME was that automakers looking to expand electric car production worried about the price and scarcity of lithium - a key metal for many battery models. But no more: new production is being brought online and prices have softened dramatically over the past three years, with the recession knocking demand for other lithium-hungry products such as laptop computers and mobiles. In this market environment, the news that a major USD430 million joint Russo-Chinese plant opened in December as the ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.