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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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Lead acid’s replacement with LFP in batteries for micro-hybrid vehicles is set to trigger a further rise in demand from 2020 onwards, the partners said. Prayon also manufactures lithium iron phosphate, a cathode material used in hybrid and electric vehicle batteries as well as stationary applications.

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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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The materials are dedicated to batteries for energy storage applications as. well as batteries for hybrid and electric vehicles. Jointly owned by OCP SA (Office Chérifien des Phosphates, Morocco) and SRIW (Belgium), Prayon. The joint venture is establishing an. being exclusively marketed by Umicore.

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BMW targeting doubling energy density of battery cells by 2030, with current i3 as basis

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In future, cobalt will be sourced directly from mines in Australia and Morocco, and lithium from countries including Australia. Providing the platform for this undertaking are the flexible vehicle architectures for all-electric, plug-in hybrid and internal combustion models that allow the company to react swiftly to changing circumstances.

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