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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

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FREYR Battery ($FREY) Signs Agreement with Aleees to Produce Active Cathode Material

Green Stock News LLC

FREYR Battery ($FREY) Signs Agreement with Aleees to Produce Active Cathode Material

 

 

FREYR Battery (NYSE: FREY), a developer of clean, next-generation battery cell production capacity, has entered into an agreement with Aleees, a Taiwan-based lithium-iron phosphate cathode battery material manufacturer. 

 

The agreement, which includes ongoing services and support from Aleees, provides the company with a worldwide license to produce and sell lithium-iron phosphate cathode material based on Aleees’ technology. 

 

The company anticipates that the agreement will enable FREYR to meet the future lithium-iron phosphate cathode material needs of the Giga Arctic battery production facility in Norway. The company says that the volumes could also be deployed to FREYR’s planned Giga America project in the U.S.

 

FREYR’s Co-Founder and CEO Tom Einar Jensen stated: “Lithium-iron phosphate cathode materials comprise 40% or more of the cost of a battery cell and currently account for more than 45% of the projected full-cycle supply chain carbon footprint of cells. Through this agreement and in cooperation with Aleees, FREYR is positioned to become a low cost and low carbon producer of lithium-iron phosphate cathode material.”

 

FREYR Battery aims to provide industrial scale clean battery solutions to reduce global emissions. Listed on the New York Stock Exchange, FREYR’s mission is to produce green battery cells to accelerate the decarbonization of energy and transportation systems globally.

 

Shares of FREYR Battery trade on the NYSE under the ticker symbol FREY. For more information visit www.greenstocknews.com.

 

Source: https://greenstocknews.com/newswire/freyr-battery-frey-signs-license-and-services-agreement-with-aleees-to-produce-active-cathode-material

 

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View original video news clips here: https://greenstocknews.com/green-stock-newswire 

  

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