DGAP-News: IBU-tec advanced materials AG enters into LOI with innovative cathode manufacturer Blackstone Technology for supplies with own LFP material
Weimar, 02 August 2021 - IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) has signed with Blackstone Technology, an innovative German cathode manufacturer, a letter of intent ("LOI") for supplies with own LFP battery material, which is produced at IBU-tec.
- Weimar, 02 August 2021 - IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) has signed with Blackstone Technology, an innovative German cathode manufacturer, a letter of intent ("LOI") for supplies with own LFP battery material, which is produced at IBU-tec.
- With the potential new customer, IBU-tec wants to further strengthen its position on the battery material growth market.
- Dr. Arndt Schlosser, CSO, IBU-tec advanced materials AG: "As a result of the planned partnership, we can further push our market penetration in the battery sector.
- We supply the material produced by us, which Blackstone Technology will use for the cathode manufacturing of the battery cell.