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L&F Plus pushes development of \'precursor-free\' LFP cathode material

L&F Plus said on Sunday it has secured next-generation raw materials for LFP cathode materials by signing an MOU with Hyundai Steel to cooperate on the supply of iron oxide for lithium iron phosphate cathodes. The company plans to use the supplied iron oxide to develop LFP cathodes using a precursor-free process that skips the iron phosphate precursor step. It is targeting mass production in the first quarter of 2028.