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Prayon and Pulead to create JV for manufacture and sale of lithium iron phosphate material for Li-ion batteries

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Major cathode material producer Pulead (China) and phosphate leader Prayon (Belgium) have entered into an agreement to form a joint venture for the manufacture and sale of lithium iron phosphate (LFP) under licence from LiFePO 4 +C Licensing LLC.

Li-ion 150
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Umicore and Prayon form beLife JV to develop and produce phosphate-based cathode materials for lithium-ion batteries

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industrial pilot plant in Engis, Belgium, that will be operational in the coming months with all materials produced. property includes Prayon’s worldwide license for the production and sale of LFP materials granted by LiFePO 4 +C. Jointly owned by OCP SA (Office Chérifien des Phosphates, Morocco) and SRIW (Belgium), Prayon.