Icl signs strategic agreement with dynanonic to produce lithium iron phosphate for european battery market

Tel aviv, israel & sallent, spain--(business wire)--icl (nyse: icl) (tase: icl), a leading global specialty minerals company, today announced it has signed a joint venture (jv) agreement with shenzhen dynanonic co., ltd. to establish lithium iron phosphate (lfp) cathode active material (cam) production in europe, with an initial investment of approximately €285 million. a new facility at icl's sallent, spain, site is currently in planning stages and will substantially expand the company's batte.
ICL Ratings Summary
ICL Quant Ranking