Lithium – Bloomberg reported that amid the problems rechargeable lithium ion batteries have been creating recently, the International Business Machines Corp. (IBM) plans to create a prototype battery it calls “lithium air,” which could hopefully find a solution to fire and heating problems.
Lithium – Electrovaya Inc. (TSX:EFL), a company that creates lithium ion battery systems, announced that it has entered into a Memorandum of Agreement with a major Asian conglomerate.
Lithium – Bloomberg reported that IAG Chief Executive Officer Willie Walsh supports the decision of Airbus to remove lithium-ion batteries from its A350 carriers. IAG SA is currently awaiting the delivery of the first 30 Boeing 787s in May.
Lithium – Reuters reported that Rockwood Holdings plans to focus on lithium for batteries and its proposed sale of its ceramics unit could raise as much as $1.7B.
Lithium – Reuters reported that Saft, through its Chief Executive, John Searle, said that the decision of Airbus not to use lithium ion batteries in its A350 jets would have minimal financial impact on the company.
Lithium – Over the next decade, significant growth in the global electric vehicle market will translate into equally significant growth in the lithium battery market.
Lithium – Reuters reported that the Pentagon will continue using lithium batteries on its new F-35 fighter jet in spite of the problems that grounded Boeing 787 planes.
Graphite – In an interview with Graphite Investing News, Stephen Riddle, CEO of Asbury Carbons, helps investors understand the role that synthetic graphite plays in the overall graphite market.
Lithium – Reuters reported that Europe’s Airbus is studying the possibility of switching back to traditional batteries for their A350 passenger jets in light of the Boeing 787 incidents.
Lithium – Boeing’s Dreamliner battery woes are casting a dark shadow on both lithium batteries and the electric car industry. However, most electric car makers use lithium-manganese batteries, which are considered much safer in terms of thermal stability.
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