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lithium iron phosphate (LFP)

China’s LFP and ternary lithium-ion battery output show healthy growth during 2021

Tue, 12/21/2021 - 09:43 -- Paul Crompton

China’s output of lithium iron phosphate (LFP) and ternary batteries rose 121% last month, according to the China Automotive Manufacturers Association (CAAM).

In November, China’s LFP and ternary—nickel-cobalt-manganese (NCM) and nickel-cobalt-aluminium oxide (NCA)— battery output reached 28GWh (up by 12.4% the previous month).

Lithium iron phosphate battery production reached 17.8GWh—up 229% year-on-year (yoy), last month; with 10.4GWh of NCM and NCA batteries produced in November— up 42% from the previous year.

Total production of LFP batteries reached 188GWh between January and November this year (up 275.7% yoy), with NCM/NCA production reaching 105GWh (up 106% yoy) in the same time frame.

Cobalt sulphate and nickel sulphate— key materials in ternary lithium-ion batteries— cost as much as at Yn96,500/t ($15,154) and Yn36,000/t ($5,653) respectively, having risen by 68% and 16% since the start of this year, according to an assessment by Argus Media on 9 December.

The average price of an NMC (811) cell was $10/kWh higher in the fourth quarter of this year than it was in the first three months of 2021, with prices now closing in on $110/kWh, estimates industry analysts Bloomberg BNEF.

Newly installed volume

Total installed volume of batteries was 20.8GWh last month, and reached 128.3GWh for the year from January to November 

Of that total, LFP made up 11.6GWh— a rise of 145% yoy— and 64.8GWH between January to November— a rise of 270% yoy.

China's battery behemoths CATL (65.93GWh), BYD (21.34GWh) and China Aviation LB (7.5GWh) were the top three battery manufacturers for installed volumes between January-November, accounting for 51.4%, 16.6% and 5.8% of the overall total, respectively.

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ElevenEs secures EU funding to build Serbia’s first LFP gigafactory

Fri, 11/05/2021 - 10:46 -- Paul Crompton

Battery hopeful ElevenEs has secured funding to begin its plans of building a lithium iron phosphate (LFP) battery manufacturing gigafactory in Serbia.

ElevenEs, an industrial spin-off of the multinational Al Pack Group, secured an undisclosed sum from EIT InnoEnergy— which is funded by The European Union and is an early-stage investor in Northvolt and Verkor gigafactory projects.

Apart from the investment, the partnership includes joint efforts in sales, marketing and cell design activities with European potential customers; the firms will work jointly on other aspects of the project, apart from the cell technology and manufacturing. 

The company is staying tight lipped at the moment, but they did tell BEST they would develop “very large LFP cells” which are suitable for EV, bus, truck and similar applications, they are very safe and have a large pack level energy density.

The key difference will be the pack level structure and energy density, compared to other LFP chemistries. There are some improvements on the anode side to make it more energy dense as well.

ElevenEs aims to make cells using its own LFP technology for electric cars, buses, trucks, vehicles, and energy storage system applications. 

The LFP technology does not require cobalt, nickel, and other critical minerals. 

By 2023, The ElevenEs plant aims to produce 300MWh of LFP cells a year.

Work on its 8GWh plant in Subotica, Serbia, is planned to begin in 2024, with the goal of doubling capacity sometime afterwards.

ElevenEs has been conducting R&D into LFP lithium-ion batteries since October 2019, and has opened an advanced research and development centre in Subotica where it employs an international team of engineers and scientists.

Nemanja Mikać, founder and CEO of ElevenEs, said: "LFP cells last more than twice as long as competing chemistries, they can be recharged up to 6,000 times, charge faster, can be repeatedly charged to 100% state-of-charge and cause practically no fires in EVs.

“On top of that, they cost significantly less. It is the most popular choice in China today, which is still the global leader in battery technology.”

A key advantage is the fact that the facility is also very close to Jadar Valley which, subject to relevant approvals, is expected to produce around 58,000 tonnes of lithium carbonate, 160,000 tonnes of boric acid (B2O3 units) and 255,000 tonnes of sodium from 2019.

Jakub Miler, CEO at EIT InnoEnergy Central Europe, said: “Although nickel-based batteries outperform LFP on energy density and are likely to remain the best option for performance cars, LFP is far better in terms of cost, safety and lifetime, making it a perfect choice for industrial, ESS and city EV (shorter range) applications.

"We have been working with ElevenEs for the past year and a half. Having now developed their own LPF technology, that industrial experience of the Al Pack Group should allow them to progress much faster than any of their peers. And we are very excited to be taking that journey together." 

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Firms reach LFP milestone by securing raw lithium-ion cathode materials supply

Wed, 12/11/2019 - 14:08 -- Paul Crompton

Battery materials firm Nano One has secured a raw material supply in its bid to develop a lithium iron phosphate (LFP) cathode production chain with China’s Pulead Technology Industry.

Working with an expert in China, the Canadian-headquartered company announced on 9 December it had identified materials that meet its performance targets and Pulead’s specifications for impurities and cost.

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