FREYR Battery to use Aleees technology to produce LFP active cathode material
Cell manufacturer FREYR Battery has entered into an agreement with Aleees, a Taiwan-based LFP cathode battery material producer. The agreement gives FREYR a worldwide license to produce and sell LFP cathode material based on Aleees’s technology, and to build production facilities using Aleees’s industrial expertise.
Aleees offers complete LFP cathode battery material manufacturing technology and related patents to customers, primarily within the energy storage and EV battery spaces.
FREYR anticipates that the agreement will enable it to meet the future LFP cathode material needs of its Giga Arctic battery production facility in Mo i Rana, Norway, and possibly also its planned Giga America project in the US.
Dr. Tilo Hauke, FREYR’s EVP of Supply Chain Management, says the agreement will help his company to build a strong, localized supply chain for raw materials. “There is high global demand at present for active cathode material, and LFP material in particular. By consummating this licensing agreement with Aleees, FREYR is well-positioned to achieve speed and scale of LFP cathode production for our Giga Arctic battery manufacturing plant and beyond. Aleees is one of the best-established LFP cathode producers outside of China, and is recognized for their world-class production technology.”
Aleees is an approved supplier of LFP cathode material to 24M Technologies, FREYR’s US-based partner. 24M’s SemiSolid technology platform features a larger and thicker electrode design that is intended to deliver higher energy density while reducing production costs.
“We are [now] in a solid position to localize and decarbonize battery cell production and their supply chains in the Nordic region,” said FREYR co-founder and CEO Tom Einar Jensen. “LFP cathode materials comprise 40% or more of the cost of a battery cell and currently account for more than 45% of the projected full-cycle supply-chain carbon footprint of cells. In cooperation with Aleees, FREYR is positioned to become a low-cost and low-carbon producer of LFP cathode material.”
Source: FREYR Battery