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Firms collaborate on high performance anode material

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Electronics Power Supply / Management battery materials power SKO Urbix

American graphite processor Urbix signs deal with EV Li-ion battery maker SK On

Urbix Inc., the US-based graphite processor, has reached a joint development agreement with leading global EV battery developer and manufacturer SK On (SKO). The strategic partnership will see the companies collaborate to develop industrialized anode materials that will be incorporated into SKO’s advanced lithium-ion batteries used in its US gigafactories.

For Urbix, the agreement accelerates its plans to establish a commercial US anode production facility that will produce 28,500 tons of anode products per annum by 2025. This is enough to power 350,000 high-performance EVs produced in the US.

Global Tier 1 cell-maker

For SKO, this agreement reinforces a local supply chain for battery anode materials in the US, helping customers take advantage of the provisions of the IRA. Headquartered in Seoul, SKO is a global Tier 1 cell-maker, with major battery plants operating and under construction across Asia, the US and Europe.

In the US, SKO has two battery manufacturing plants in Commerce, Georgia, with the second plant scheduled to be operational in 2023. BlueOval SK, a joint venture between SKO and U.S. automaker Ford Motor Company, is building three battery manufacturing plants – one in Tennessee and two others in Kentucky. The three plants are expected to commence operation from 2025.

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Domestic mineral production

The IRA intends to aid investment in US domestic energy production and manufacturing, with the aim of reducing carbon emissions by roughly 40% before 2030. It imposes key restrictions on the eligibility for tax credits related to US manufacturing, including domestic content, and reflects a strong desire to enhance domestic mineral production and manufacturing capacity.

The Urbix approach to graphite processing is quicker, more efficient, and far less carbon intensive than existing processes – using just 10% of the energy and 6% of the acid, in 7% of the time. Notably, it eliminates the use of hydrofluoric and hydrochloric acid, and records yields of over 70% – more than twice that of the industry standard. This unique Urbix method is agnostic to raw graphite source enabling a highly resilient EV anode supply chain.

 

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