Tokyo nickel-cobalt-aluminum batteries nca

FILE PHOTO: The logo of Sumitomo Metal Mining Co is pictured at the company's headquarters in Tokyo, Japan, September 13, 2018. REUTERS/Ritsuko Shimizu/File Photo
Contact online >>

FILE PHOTO: The logo of Sumitomo Metal Mining Co is pictured at the company's headquarters in Tokyo, Japan, September 13, 2018. REUTERS/Ritsuko Shimizu/File Photo

TOKYO : Japan''s Sumitomo Metal Mining is considering producing cathode battery materials in the United States among other options as it looks to expand output to meet demand from electric vehicles, an executive said on Thursday.

Sumitomo Metal, which supplies the nickel-cobalt-aluminium (NCA) cathode materials for the Panasonic lithium-ion batteries used in Tesla EVs, is building a plant in Niihama, western Japan, to boost annual cathode production capacity by 24,000 metric tons in 2025 from 60,000 tons now.

"Where and when to increase our production capacity next time depends on each country''s regulations and laws," Katsuya Tanaka, managing executive officer, told an analyst meeting.

"We are examining the impact from any changes to laws and regulations, including the U.S. Inflation Reduction Act (IRA), will have on business, if we were to invest in the United States, especially with the presidential election coming up next year," he said.

The company, which is also a miner and smelter, is also accelerating exploration of a new nickel mine, another executive said. It abandoned a long-running feasibility study on an Indonesian nickel project in Pomalaa.

Australia''s nickel sulphide explorer Ardea Resources said in July it has signed a non-binding agreement with a Japanese consortium to conduct a feasibility assessment at its Kalgoorlie Nickel Project Goongarrie Hub in Western Australia.

"Currently, we are evaluating Ardea''s report on the preliminary study while discussing about a more detailed study," said Masaru Takebayashi, managing executive officer.

"We are still in the preliminary study stage and whether we will join the project depends on the outcome of the studies," he said, adding the company is also scrutinizing a few other projects.

About Tokyo nickel-cobalt-aluminum batteries nca

About Tokyo nickel-cobalt-aluminum batteries nca

As the photovoltaic (PV) industry continues to evolve, advancements in Tokyo nickel-cobalt-aluminum batteries nca have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.

When you're looking for the latest and most efficient Tokyo nickel-cobalt-aluminum batteries nca for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.

By interacting with our online customer service, you'll gain a deep understanding of the various Tokyo nickel-cobalt-aluminum batteries nca featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.

Related Contents

Contact Integrated Localized Bess Provider

Enter your inquiry details, We will reply you in 24 hours.