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https://reneweconomy.com.au/next-gen-and-siemens-partner-to-make-battery-materials-in-australia/>
"Australian battery materials start-up Next-Gen Energy Technology has signed a
partnership with German technology giant Siemens to accelerate the local
development of battery materials, with a goal to building the first materials
manufacturing plant outside of China.
Next-Gen Energy Technology (Next-Gen) and Siemens announced on Wednesday that
they had signed a memorandum of understanding (MoU) to accelerate the
development and manufacture of innovative materials for battery firming
technology.
Founded in 2020, Next-Gen is headquartered in the Melbourne suburb of Box Hill
and specialises in advanced ternary cathode materials for lithium-ion
batteries, primarily used in electric vehicles and battery energy storage
systems. The company’s lithium nickel cobalt aluminium (Li NCA) battery cells
offer superior safety performance and are also more sustainable and
cost-effective due to the reduced need for cobalt.
The MoU signed between the two companies is designed to support Next-Gen’s
efforts to build a materials manufacturing plant in Australia which would
produce its Li NCA cathode materials.
If successful, this would be the first battery materials manufacturing plant to
exist outside of China.
Despite mining being done across multiple states in Australia, these critical
minerals are nevertheless shipped to China for refining and processing.
Creating a local battery materials manufacturing plant would act as a huge
first step to wresting away China’s control of battery manufacturing."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
