The Norwegian battery company Freyr has concluded a licence and service agreement with Aleees, a Taiwanese manufacturer of LFP cathode materials. A previously planned joint venture now seems to be off the table.
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The materials technology and recycling group Umicore has opened its first European plant for the production of cathode materials for electric car batteries in Nysa, Poland. In the following years, the plant is to be expanded to up to 200 GWh.
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BASF and Toda have agreed on a further expansion of the production capacities of their joint venture BASF Toda Battery Materials (BTBM), founded seven years ago, at the Onoda site in Japan.
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The Belgian materials technology and recycling group Umicore is investing C$1.5 billion ($1.2 billion) to build its first factory in North America for the mass production of cathode and precursor materials for electric vehicle batteries. This is to be built in the community of Loyalist in the Canadian province of Ontario.
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