Roskill: LG Chem locks-in more raw material to meet future Li-ion battery demand

Green Car Congress
By mmillikinAug 21, 2018, 3:30 am507 ptsHot
South Korean lithium-ion battery (LIB) cell manufacturer LG Chem recently announced it will increase cell manufacturing capacity to 90 GWh in 2020 from a previous forecast of 70 GWh. Assuming 100% of output was to be NMC532, 90 GWh would require around 100kt of cathode, containing 40kt nickel, 22kt cobalt, 16kt…

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