2023.01.19
SK On to Work with U.S. Graphite Processor to Develop Anode Materials
By Jung Min-hee, BusinessKorea
- SK On, a leading electric vehicle (EV) battery manufacturer, announced on
Jan. 19 it has signed a joint development agreement (JDA) with U.S. graphite
processor Urbix Inc., a move that could help it establish a foothold in the
U.S. anode material supply chain following the enactment of the Inflation Reduction
Act (IRA).
Under the agreement, the two companies will work together to develop environmentally responsible, high-performance anode materials customized for SK On batteries. Upon the successful development of customized anode products under the JDA, SK On will consider sourcing Urbix’s anode materials for its U.S. battery manufacturing facilities.
Established in 2014, Urbix is
an American materials producer that specializes in processing natural graphite
for battery anodes with environmentally responsible solutions. Based in Mesa,
Arizona, Urbix is completing construction and commissioning of its commercial
scale demonstration plant with 1,000-ton/yr capacity and it plans to expand its
production capacity to 28,500 tons/yr by 2025.
Anode is one of the four main
components for lithium-ion batteries, along with cathode, electrolyte and
separator. It determines the battery life, charging speed and energy density.
Currently, graphite is the dominating anode material in commercial lithium-ion
batteries.
The JDA opens a possibility of
adding diversity when it comes to the sourcing of anode materials. According to
last year’s International Energy Agency (IEA) report, China accounted for 85
percent of global production capacity for anodes.
Should the partnership with
Urbix extend successfully, SK On can also pave the way for establishing an
anode supply chain in North America, while positioning itself to take advantage
of provisions within the IRA.
SK On has been steadily
reinforcing its supply chain for key battery materials. For a stable supply of
lithium, a key material for cathodes, SK On inked deals with Chile’s SQM and
Australia’s Lake Resources and Global Lithium Resources last year.
For SK On, the partnership is
also expected to beef up its competitiveness as a leading sustainable battery
manufacturer, as Urbix processes graphite with innovative environmentally
responsible methods. Urbix is renowned for recycling 70 percent chemicals
without using hydrofluoric acid and hydrogen chloride in the refining process.
“This agreement is meaningful
in increasing the possibility of securing eco-friendly and high-performance
anode active materials for use in SK On’s U.S. plants,” said Sun Hee-young, SK
On vice president in charge of advanced research. “SK On will continue to work
to develop anode materials that can maximize battery performance.”
“Working with such a renowned
battery manufacturer means that we can accelerate our production efforts, and
more effectively address the supply of graphite,” said Nico Cuevas, CEO of
Urbix. “By utilizing Urbix’s innovative technologies, we can shift more of the
refinement and production of battery-grade graphite to the U.S., a mission we
remain committed to.”
Source: www.businesskorea.co.kr/news/articleView.html?idxno=108009