Post by
JimToronto on Dec 12, 2021 2:00pm
LFP Battery: IFOS
Tesla switching to LFP batteries in all standard-range cars
https://www.cnbc.com/2021/10/20/tesla-switching-to-lfp-batteries-in-all-standard-range-cars.html
Exclusive: LFP Sharply Expanded Production Capacity in H2, and to Usher in Overcapacity in 2022
https://news.metal.com/newscontent/101581516/Exclusive:-LFP-Sharply-Expanded-Production-Capacity-in-H2-and-to-Usher-in-Overcapacity-in-2022/
Production and installed volumes of lithium iron phosphate (LFP) batteries were 13.5GWh and 9.5GWh respectively in September, both exceeding respective volumes of 9.6GWh and 6.1GWh for ternary (NCM/NCA) batteries.
https://www.argusmedia.com/en/news/2263038-chinas-september-power-battery-output-volumes-rise
Please calculate
1) The consumption of phosphate rock with the trend of switching to LFP.
2) The rock reserves by IFOS
Guinea-Bissau joins Belt and Road Initiative
https://www.chinadaily.com.cn/a/202111/27/WS61a220d7a310cdd39bc77ea7.html
Comment by
Mineralrunner on Dec 12, 2021 3:17pm
And from May 2021 IFOs presentation: "Conda represents 7% of US phosphate market with 606kst per year production and sales capacity"