Earlier this year, Johnson Matthey (JM) entered into a long-term battery materials supply agreement with energy storage and battery company Lithium Werks.
Under the agreement, which will run for five years, JM will supply its lithium iron phosphate (LFP) battery cathode material manufactured at its facility in Changzhou, China.
The cathode material is a key component in battery cells produced by Lithium Werks, for a range of applications, including material handling, large motive, maritime and energy storage.
Lithium Werks is headquartered in Hengelo, the Netherlands, with production facilities in China and offices and warehousing facilities in the Netherlands, the US, the UK and Norway. Lithium Werks provides cells, modules and energy management systems for material handling, large motive, maritime and energy storage.