IBU-tec has received another approval for its planned LFP production facility in Bitterfeld-Wolfen, Germany. The State Administration Office of Saxony-Anhalt approved new operating buildings for the production platform. The facility is designed for an annual capacity of 15,000 metric tons of LFP battery material.
The approved building complex also includes a new laboratory. It will be used to analyze battery materials based on different material combinations. According to IBU-tec, large-scale production is scheduled to begin in early 2028.
IBU-tec is already working on logistics, analytics, and IT systems. Detailed engineering for the production equipment has also begun. The steel structure of a logistics building with capacity for around 2,000 pallets has been erected.
PowerCo Secures Planned Capacity for Ten Years
The planned annual capacity has already been allocated under a long-term agreement. According to IBU-tec, PowerCo has secured the full annual capacity of 15,000 metric tons for ten years at previously defined prices.
The company describes the planned facility as Europe’s largest LFP production plant. IBU-tec also states that it expects to be the only European supplier producing LFP cathode material on an industrial scale once the facility is operational.
