(via NewsDirect)
This agreement marks a crucial step forward in First Phosphate's efforts to produce battery-grade iron III phosphate precursor for the lithium iron phosphate (LFP) battery industry outside of
Passalacqua explained that the agreement outlines an initial phase of joint development focused on creating the technology necessary for producing the iron phosphate precursor for LFP cathode active material (CAM). The goal is to develop a scalable, low-cost, and environmentally compliant process for manufacturing battery-grade iron III phosphate. If successful, this technology could be combined with lithium carbonate or lithium hydroxide to produce LFP CAM.
Furthermore, Passalacqua emphasized the collaborative nature of the agreement, with both parties committed to working together to bring the developed process into immediate large-scale production. Under the agreement, First Phosphate will provide the necessary raw materials for producing iron III phosphate, leveraging its phosphate concentrate and magnetite resources.
This partnership with
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