Securing position in global electric vehicle battery sector
Retrieved on:
Wednesday, September 21, 2022
A significant economic and strategic opportunity for the Northern Territory, the plant will manufacture lithium iron phosphate (LFP) battery cathode material.
Key Points:
- A significant economic and strategic opportunity for the Northern Territory, the plant will manufacture lithium iron phosphate (LFP) battery cathode material.
- The lithium cathode material is a critical active material used within an electric vehicle battery or energy storage battery which determines the capacity, safetyand durability of the battery.
- Once operational, the pilot facility will manufacture up to 10,000 tonnes of lithium-iron phosphate battery cathode material per year.
- "This cooperation enhance the development of the lithium battery industry in Australia, promoting green energy high-tech development.