Electric vehicles need batteries. Batteries need cathodes. Australian mining needs to move up the value chain. All these needs will be met by the establishment ofLFP cathode manufacturing plant in Darwin, in Australia’s Northern Territory. The cathode manufacturing plant will be linked to Avenira’s Wonarah phosphate project 1010 km away by road. The nearest settlement is the village of Camooweal 190 km away with a population of 240 people.
“From an ESG perspective, LFP batteries are more recyclable — you’re not recycling cobalt, nickel, and other toxic materials,” Clark said. “They’re also cheaper to manufacture and they have other recharging properties which means you can get about 30% to 40% more recharge cycles from them compared to traditional NCM batteries.”As the rEVolution gathers pace, there is plenty of room to grow.
“This midstream product will then be used as feedstock for the Darwin LFP plant. Prior to the thermal phosphoric acid plant coming online, Avenira would source thermal phosphoric acid from Aleees’ existing supply chains to feed the Darwin facility.” Clark also noted that Darwin is close to key export markets and has core transportation infrastructure, like ports and rail connections, in place. Darwin to Taiwan is almost the same distance as Darwin to Canberra, Australia’s national capital
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: CNN - 🏆 4. / 95 Read more »