Chinese battery materials producer Huayou Cobalt has signed a cooperation framework agreement with Shanghai-listed Hubei Xingfa Chemicals Group Co Ltd to produce the raw materials for lithium iron phosphate (LFP) batteries.
On Sunday November 7, Huayou Cobalt announced that the two companies will work together to build an integrated system that incorporates the selection and mining of phosphate ores and the production of phosphorous chemicals, phosphoric...