Cosmos Advanced Materials is expected to start mass production of precursors used in the production of battery cathodes during the third quarter, TheElec has learned.
The company bought the equipment needed for the production from battery maker Samsung SDI’s subsidiary STM in February 2020.
The new line is expected to have a capacity of 2,400 metric tonnes per year. The capacity can be increased to 3,000 metric tonnes.
Construction is expected to be completed in the first quarter with test production beginning in the following quarter.
Cosmo also produces other materials needed for cathode production but so far these were for batteries used in energy storage systems.
The precursors are expected to be supplied for NCM622 (nickel, cobalt, and manganese in 6 to 2 to 2 ratio) cathode used in electric vehicle batteries.
Cosmo already has Samsung SDI and LG Energy Solution as customers.