Swedish battery maker Northvolt has introduced its first sodium-ion product which doesn’t use lithium, nickel, cobalt, or graphite, potentially reducing reliance on scarce materials.
The world's second-largest lithium producer, SQM, flagged potential further price declines due to an excess of inventory in Asia and increased supply - but maintained its forecast for a 20% increase in global lithium demand this year.
ExxonMobil is aiming to produce lithium from its Arkansas project by 2027, in a first phase operation.
