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Stryten Energy Launches New Line of Lithium Batteries at MODEX 2024

Atlanta, Georgia, March 11, 2024 (GLOBE NEWSWIRE) Stryten Energy LLC, a U.S.-based energy storage solutions provider, will launch the M-Serie. ....

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Insight - Korean battery manufacturers' rapid growth presents opportunities for Australian critical minerals

Austrade
Korean battery manufacturers are seeking strategic partnerships with Australian miners as they look to secure stable supplies of critical minerals such as cobalt, lithium, nickel and manganese.
Korean battery manufacturers experience significant growth
Korea’s three major battery makers – LG Energy Solution, Samsung SDI and SK Innovation – have grown significantly over the past year.
The combined global market share of these three Korean companies jumped from 16% in 2019 to 34.7% in 2020. This is due to the rapid growth of electric vehicle markets in major economies across the globe.
Their global production value for secondary batteries amounted to KRW 23.3 trillion (A$27.5 billion) in 2020. The value of production over the last 3 years has been increasing steadily.¹ ....

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