Minerals specialist company ICL has inaugurated a large-scale battery materials manufacturing plant in St. Louis, Missouri.
The $400-million plant will manufacture materials for lithium iron phosphate (LFP) batteries and will be operational by 2025 to meet growing demand from the energy storage, EV and clean energy industries for battery materials produced and sourced in the US. ICL’s investment was supplemented by a $197-million grant from the US Department of Energy.
The 140,000-square-foot facility will produce 30,000 metric tons of LFP annually. ICL has engaged St. Louis-based McCarthy Building Companies as general contractor for the project, and has also partnered with Taiwan-based LFP battery material manufacturer and global IP licensor Aleees.
“ICL is building the first North American, commercial-scale plant for this critical component required by the energy storage, mobility and infrastructure end markets, and this investment in St. Louis will create more than 150 high-paying union and professional positions in our hometown,” said Phil Brown, President of ICL’s Phosphate Division and its MD for North America.