Ferroglobe & Coreshell Sign a Memorandum of Understanding to Deliver World's First Battery-Grade Metallurgical Silicon for Electric Vehicles [Yahoo! Finance]
Ferroglobe PLC - Ordinary Shares (GSM)
Last ferroglobe plc - ordinary shares earnings: 3/2 05:20 pm
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Source: Yahoo! Finance
LONDON, March 11, 2024 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM), a world leading producer of silicon metal and ferroalloys, and Coreshell, a US-based battery technology company, today announced the signature of a memorandum of understanding. Together, Ferroglobe and Coreshell expect to produce the first battery-ready metallurgical silicon for the development of low-cost, high-range EV batteries in compliance with the U.S. Inflation Reduction Act. The partnership will enable the leapfrogging of silane-based silicon and the replacement of graphite in EV batteries, which have bottlenecked the auto industry since the introduction of electric vehicles, creating cost and range limitations. Electric vehicles suffer from significant cost disadvantages for consumers and automakers alike, with batteries comprising 30-40% of the total cost of electric cars . Car manufacturers are interested in using silicon in batteries because it can store up to 10 times more energy in the anodes tha
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News
- Ferroglobe (NASDAQ:GSM) Might Have The Makings Of A Multi-Bagger [Yahoo! Finance]Yahoo! Finance
- Ferroglobe PLC (NASDAQ: GSM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Ferroglobe PLC (NASDAQ: GSM) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Investors in Ferroglobe (NASDAQ:GSM) have seen decent returns of 97% over the past five years [Yahoo! Finance]Yahoo! Finance
- Ferroglobe Appoints Carsten Larsen as Chief Commercial OfficerGlobeNewswire
GSM
Earnings
- 2/21/24 - Beat
GSM
Sec Filings
- 3/28/24 - Form 6-K
- 3/13/24 - Form 6-K
- 3/11/24 - Form 6-K
- GSM's page on the SEC website