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| Yahua Group |
Strategic diversification buffers supply shock as Finniss lithium mine suspends operations
Yahua Group (002497.SZ) has officially terminated its lithium concentrates offtake agreement with Core Lithium, following the suspension of operations at Core's Finniss lithium project in Australia. The agreement was cancelled through a “Settlement, Termination, and Release Agreement” signed between Yahua International, a wholly owned subsidiary of Yahua, and Core’s unit Lithium Development.
Yahua emphasized that the termination will not impact its operations, as the company has already implemented a diversified lithium sourcing strategy, combining in-house mining assets and third-party purchases to maintain supply security.
Battery Industry Developments Reflect Strategic Shifts
- Tinci Materials announced it is accelerating localized electrolyte and LiPF₆ production capacity in the U.S. and Morocco, as part of its overseas market expansion.
- General Motors and LG Energy Solution will co-develop lithium-rich manganese-based (LMR) prismatic batteries. These next-gen cells offer a 33% energy density gain over LFP cells, with pilot production set for late 2027 and commercial rollout in 2028.
- BTR reports that its solid-state battery materials are technically ready for mass production, though commercial adoption will depend on downstream validation. The industry expects wide-scale rollout by 2027.
- Honda has delayed its CAD 15 billion EV investment in Canada by two years, citing a slowdown in EV demand.
- Mazda has postponed its FY2025 earnings forecast due to uncertainties stemming from U.S. auto tariff hikes.
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