Patent restrictions over LFP cathode chemistry will start to expire in 2022, then battery cell makers will be able to produce LFP cells outside China without paying royalties.
LG Energy Solution is developing LFP battery cells
Tesla’s pivot towards LFP batteries
In particular lithium carbonate (mostly sourced from brines) will be the winner as the precursor chemical for LFP battery cathodes.
MATTHEW BOHLSEN
https://investorintel.com/market-analysis/market-analysis-intel/the-tesla-pivot-towards-lfp-batteries-impact-on-cobalt-and-nickel-markets/
