LFP Cathode Active Material Development

GKN Hoeganaes, Cinnaminson, New Jersey, has announced a strategic partnership with First Phosphate to establish a North American supply chain for lithium iron phosphate (LFP) batteries, essential for the electric vehicle (EV) and energy storage sectors. This collaboration follows the successful integration of First Phosphate’s magnetite into GKN Hoeganaes’ proprietary Ancorsteel melting process, resulting in a high-purity iron powder that serves as a precursor for LFP battery cathodes.

LFP batteries are increasingly sought after due to their cost-effectiveness, safety, and stable raw material supply. The partnership aims to reduce reliance on international supply chains by establishing a local production line for LFP components. Matthias Voss, President of GKN Hoeganaes, highlighted the commitment to sustainability and technological innovation in energy storage solutions.

First Phosphate plans to integrate GKN Hoeganaes’ Ancorsteel into its iron phosphate precursor and LFP cathode material production facility in Quebec, aiming for a production capacity of 400,000 tonnes per year by 2032. GKN Hoeganaes will also enhance its operations in Tennessee and research facilities in New Jersey to support this initiative.

John Passalacqua, CEO of First Phosphate, emphasized the importance of this partnership in creating a sustainable, locally sourced LFP battery supply chain, combining high-quality phosphate resources with advanced iron powder technology. The collaboration focuses on using sustainable North American iron scrap and magnetite, promoting an environmentally friendly production process.