Where is LFP material made?

ICL plans to build a 120,000-square-foot, $400 million LFP material manufacturing plant in St. Louis. The plant is expected to be operational by 2024 and will produce high-quality LFP material for the global lithium battery industry, using primarily a US supply chain.

Who makes LFP batteries?

Taiwan-based Aleees is a long-standing LFP battery material manufacturer and global IP licensor. LFP is one of the fastest-growing sectors of the battery industry, as this technology offers superior safety at a lower cost and with a longer life.

How much LFP will ICL produce?

The 140,000-square-foot facility is expected to produce 30,000 metric tons of LFP and will serve as the foundation for the company’s global battery materials business. The new plant will be located on ICL’s existing Carondelet campus in St. Louis, which is recognized by the Justice40 Initiative as a disadvantaged community.

Where will ICL's new LFP plant be located?

The new plant will be located on ICL’s existing Carondelet campus in St. Louis. ICL partners for the project will include Aleees, which will provide the state-of-the-art LFP process technology, and McCarthy, which will oversee the management of general contracting.

What does the LFP plant mean for ICL?

The LFP plant represents a significant expansion of ICL’s energy storage portfolio and demonstrates the company’s commitment to developing high-quality specialty products for agricultural, food and industrial applications.

Why is ICL building a new energy storage facility?

The new facility represents a significant expansion of ICL’s energy-storage portfolio and demonstrates the company’s commitment to developing high-quality specialty products for agricultural, food, energy and industrial applications. About ICL