Brief: Idemitsu Official - New Plant For Lithium Sulfide Will Have Production Capacity Of 1000 Metric Tons Per Year

Idemitsu Kosan Co

27/02/2025 05:53

Feb 27 (Reuters) - Idemitsu Kosan Co Ltd 5019.T:

IDEMITSU OFFICIAL:  OUR CURRENT GOAL IS TO COMMERCIALISE ALL-SOLID-STATE BATTERIES WITH TOYOTA MOTOR IN 2027-28 AND WILL GET THERE

IDEMITSU OFFICIAL:  NEW PLANT FOR LITHIUM SULFIDE WILL HAVE PRODUCTION CAPACITY OF 1000 METRIC TONS PER YEAR

IDEMITSU OFFICIAL:  AIM TO MAKE A FINAL INVESTMENT DECISION IN FY2025 TO BUILD A LARGE-SCALE PILOT PLANT FOR SOLID ELECTROLYTE TO BE USED IN ALL-SOLID-STATE BATTERIES

IDEMITSU OFFICIAL:  1,000 TONS OF LITHIUM SULFIDE IS SUFFICIENT TO PRODUCE SOLID ELECTROLYTE REQUIRED FOR MANUFACTURING 50,000–60,000 EVS ANNUALLY

IDEMITSU OFFICIAL:  AIMING FOR STABLE PROCUREMENT OF LITHIUM FROM AUSTRALIA AND OTHER OVERSEAS SOURCES

IDEMITSU OFFICIAL:  PLANS TO SUPPLY ITS SOLID ELECTROLYTE TO TOYOTA FIRST, WITH DELIVERIES TO OTHER USERS TO FOLLOW

Source text: [ID:]

Further company coverage: 5019.T

 (Reporting by Tokyo Newsroom)

 ((+81345201189;))