Where will lithium phosphate batteries be made?

The partners said the plant will be located in Zaragoza and start producing lithium iron phosphate batteries by the end of 2026. The joint venture represents an investment of 4.1 billion euros ($4.3 billion), they said in a statement.

Where will CATL & stellantis build a battery factory?

(AP Photo/Ng Han Guan, File) BARCELONA, Spain (AP) — Chinese electric battery company CATL and automaker Stellantis will build a major battery factory in northern Spain, the partners announced Tuesday. They said the plant will be located in Zaragoza and start producing lithium iron phosphate batteries by the end of 2026.

Who makes zenith sulfate?

Zenith Chemical Corporation, a Taiwanese company, specializes in the production of nickel-based chemicals, including high-purity nickel sulfate for lithium-ion batteries. With a strong focus on serving the lithium-ion battery industry, Zenith’s products have gained recognition and qualification from major cathode producers worldwide.

Who is recyclico battery materials?

RecycLiCo Battery Materials Inc. is a battery materials company specializing in sustainable lithium-ion battery recycling and materials production.

How much does a lithium ion battery plant cost?

The initial plant, estimated to cost US$25 million will be dedicated to processing and converting lithium-ion battery waste into valuable resources such as lithium-ion battery precursor cathode active material, lithium hydroxide monohydrate, and lithium carbonate.

Where are CATL batteries made?

CATL is already producing batteries at two European factories in Germany and Hungary. The deal comes a day after Spanish Prime Minister Pedro Sánchez met with CATL Chairman Robin Zeng in Madrid. Spain produces the second most cars in the European Union after Germany.