Brief: Icl To Lead Efforts In U.S. To Develop Sustainable Supply Chain For Energy Storage Solutions, With $400 Million Investment In New Lithium Iron Phosphate Manufacturing Capabilities

Icl

19/10/2022 20:48

Icl Group Ltd  ICL.TA :
    * ICL TO LEAD EFFORTS IN U.S. TO DEVELOP SUSTAINABLE SUPPLY
CHAIN
FOR ENERGY STORAGE SOLUTIONS, WITH $400 MILLION INVESTMENT IN
NEW LITHIUM IRON PHOSPHATE MANUFACTURING CAPABILITIES
    * ICL GROUP LTD - PHASE ONE IS EXPECTED TO BE COMPLETE BY
2024,
AND FULL PRODUCTION OF 30,000 METRIC TONS IS EXPECTED BY 2025
    * ICL GROUP - WILL RECEIVE $197 MILLION FEDERAL GRANT FOR
INVESTMENT IN CATHODE ACTIVE MATERIAL MANUFACTURING FACILITY IN
ST. LOUIS

Source text for Eikon:  ID:nBw3qq1s5a 
Further company coverage:  ICL.TA