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Posco Future M to Cooperate with CNGR on LFP Cathode Materials

South Korean chemical company Posco Future M signed a memorandum of understanding with Chinese battery material manufacturer CNGR and its South Korean subsidiary, FINO. They plan to develop the business of cathode materials for lithium iron phosphate batteries, initially targeting the energy storage systems market. Plans include constructing production facilities for LFP cathode materials and engaging in joint marketing activities. The companies did not disclose any specific details about potential production capacity or timelines. Implementation will be carried out through C&P New Material Technology, a joint venture founded in 2024. CNGR holds a 51 percent stake in the venture, FINO holds a 29 percent stake, and Posco Future M holds a 20 percent stake. Originally established for the production of precursor materials for battery cathodes, the joint venture is currently building a factory in Pohang, North Gyeongsang Province. Series production is scheduled to begin there in 2026. Source:https://www.koreaherald.com/article/10551517

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LiCAP Technologies Commissions Dry Coating Line for Battery Cathodes

US battery developer LiCAP Technologies has announced the commissioning of a new production line for dry coatings. Once at full capacity, the line is expected to reach an annual output of 300 MWh. The California Energy Commission (CEC) is providing financial support for the project. The company reports that the first cathode film, over 500 meters long, was produced using its proprietary “Activated Dry Electrode” technology. This process does not use toxic solvents and is expected to reduce energy consumption and manufacturing costs. The new production line is said to be compatible with various types of batteries, including lithium-ion, solid-state, and sodium-ion batteries. LiCAP sees this step as transitioning from technology development to industrial production. Starting in August 2025, the company plans to deliver the first product samples from the new line to customers. Source:https://www.newswire.com/news/licap-technologies-and-california-energy-commission-celebrate-major-22610676

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