Brief: IBU-tec Advanced Materials Gets First Significant Order For Own LFP400 Battery Material

IBU-tec advanced materials AG

21/12/2021 09:56

Dec 21 (Reuters) - Ibu-tec Advanced Materials AG  IBU.DE :
    * DGAP-NEWS: IBU-TEC ADVANCED MATERIALS AG: FIRST
SIGNIFICANT
ORDER FOR OWN LFP400 BATTERY MATERIAL
    * FIRST PRODUCTION-RELEVANT ORDER OF LFP400 FOR PRODUCTION
OF
CATHODES
    * DELIVERY TO CUSTOMERS WILL TAKE PLACE IN 2021
    * BY 2025, CORE SEGMENT OF BATTERY MATERIALS IS EXPECTED TO
GENERATE 25 TO 30 PERCENT OF GROUP'S TOTAL SALES.

Source text for Eikon:  ID:nEQ7fZVfva 
Further company coverage:  IBU.DE 

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