Galaxy Resources Limited announced that it has signed a technology license agreement with US-based lithium ion battery producer K2 Energy Solutions Inc..
Galaxy, which aims to become one of the world's leading producers of lithium compounds, wholly-owns and operates the Mt Cattlin mine, which is currently producing spodumene concentrate (a lithium aluminium silicate). Galaxy's Jiangsu Lithium Carbonate plant, once completed, will have a design capacity of 17,000 tpa of lithium carbonate, which Galaxy expects would make it one of the largest plants in China converting hard rock lithium mineral concentrates into lithium compounds and chemicals.
Under the Agreement, K2 Energy will provide Galaxy with battery technology expertise, licensing and commercial support for the construction and operation of Galaxy's proposed Jiangsu battery manufacturing plant in China.
This blog is focused on trends in battery technology and other types of energy storage that are used for smart grid load leveling and stabilization, and as back-up power for renewable energy sources such as photovoltaics/solar power, hydro and wind energy. Trends in lithium ion batteries, lead-acid, metal-air, NaS (sodium sulfur), ZnBr (zinc-bromine) batteries will be covered, as well as compressed air energy storage (CAES), flywheels, fuel cells and supercapacitors.
Wednesday, July 27, 2011
Lithium-supplier Galaxy Announces Agreement with K2 Energy
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