Epsilon Advanced Materials acquires German cathode technology center

Epsilon Advanced Materials (EAM), a global EV battery materials provider, has acquired a cathode active material technology center in Moosburg, Germany, from Johnson Matthey. The center specializes in producing lithium-ion phosphate (LFP) and lithium manganese iron phosphate (LMFP) cathode materials, which are safer, cheaper, and more durable than other types of cathode materials.

With this acquisition, EAM becomes the first company in the world to offer both cathode and anode materials for lithium-ion batteries. EAM also plans to make India the first country in Asia outside of China to manufacture LFP cathode materials, reducing the battery market’s dependence on China. EAM has already invested in anode battery materials manufacturing facilities in India, the U.S., and Finland.

EAM’s CEO Sunit Kapur said that the company is now ready to go to market with a proven high-performance cathode active material, and that integrating the cathode expertise from the Moosburg technology center with its anode business will enable it to deliver comprehensive solutions to customers. EAM expects to start its cathode production in India in 2025, and scale up to 100,000 tons by 2030.

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