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11 Jan
17:38

Freyr, Aleees to build LFP cathode plant in Nordics

Norwegian battery manufacturer start-up Freyr Battery confirmed on Tuesday it plans to build the world’s first giga-scale lithium iron phosphate (LFP) cathode plant outside of China, Kallanish reports. The company signed a head of terms agreement to establish a joint venture with Taiwan’s Aleees. The partners plan to construct the plant in the Nordic region, with first production targeted for 2024. The timeframe coincides with the anticipated ramp-up …
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