World’s largest production plant using a new high-quality production process for lithium iron phosphate for a new battery generation for electric vehicle drives to be established.
Süd-Chemie AG, a worldwide leading specialty chemical company based in Munich/Germany, is investing approximately EUR 60 million in the production of lithium iron phosphate (LFP), a high performance energy storage material used in batteries for electric vehicle drives and other applications. On the new site of its wholly-owned Canadian subsidiary, Phostech Lithium Inc. in Candiac/Quebec, the German group is constructing the first industrial production plant for LFP using a new, proprietary production process based-on wet chemistry. By using this process, high grade LFP can be produced in both stable and …