The Israeli company describes LFP as “one of the fastest growing sectors of the battery industry”, especially in terms of safety and cost.ICL projects that there will be global demand for more than three million tonnes of LFP cathode materials in 2031. Based on current projections, this equates to a market value of more than $40 billion.
https://www.electrive.com/2023/08/11/icl-is-building-an-lfp-battery-plant-in-missouri/
2023 - the year for ICG, page-1180
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