Source: (Prud’Homme, 2010, de Schroder et. al., 2010)
Source:BM Review estimates
“What a shock – a closer look at the LFP supply chain indicates to us that there may very well be raw material supply chain issues to come for LFP.”
Source: BMR Feb 2022: https://firstphosphate.com/wp-content/uploads/2022/10/BMR_Feb22-Final.pdf
Only Igneous Phosphate rock can meet the full ESG rigours of the LFP battery industry.
Gypsum produced is non-radioactive and it can be recycled into the circular economy into the agriculture, cement or construction industry.
Moreover, up to 90% of igneous rock feedstock can be converted to LFP grade purified phosphoric acid.
The current method of producing phosphoric acid creates large gypsum slag piles with remaining radioactivity. This is not consistent with ESG requirements around LFP grade purified phosphoric acid. Such practice is, in fact, no longer supported in Europe.
Moreover, only a small percentage of sedimentary rock feedstock can be converted to LFP grade purified phosphoric acid at reasonable cost and without ESG incompatible residual waste issues.
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