Battery Materials and Energy Storage

Energy storage using batteries has the potential to transform nearly every aspect of society, from transportation to communications to electricity delivery and domestic security. It is a necessary step in terms of transitioning to a low carbon economy and climate adaptation. The introduction of renewable energy resources despite their at-times intermittent nature, requires large scale storage of energy. ICL is committed to being part of the energy storage value chain and its expertise in advanced chemistry plays a major role in these solutions. ICL’s products and services include phosphate-based and bromine-based specialty products. \

ICL is partnering with a range of industry players, from research institutions to developers of energy storage applications, to advance innovation in the energy storage market. Specifically, we are evaluating the production of electrolytes currently used in batteries, and developing next generation solid electrolytes.

7.2

By 2030, increase substantially the share of renewable energy in the global energy mix.

Renewable energy is expected to represent 60% of the energy market by 2050

As the world transitions from fossil fuel power to emission free electrification, batteries are becoming a vital storage tool to facilitate the energy transition. Batteries contribute to decarbonizing the mobility sector and enable decentralized and off-grid energy solutions. Batteries also help increase access to reliable energy for off-grid communities worldwide. With strong demand for electric vehicles (EVs), energy storage is a potentially significant source of growth.

Being Part of The Lithium Iron Phosphate (LFP) Battery Value Chain

ICL is a leading manufacturer of acid and specialty phosphate salts used in the production of cathode and electrolyte materials. Our broad phosphate manufacturing capabilities, as well as significant experience, offer diverse options for producing these phosphate salts.

ICL to Lead Efforts in U.S. to Develop Sustainable Supply Chain for Energy Storage Solutions, with $400 Million Investment in New Lithium Iron Phosphate Manufacturing Capabilities

ICL plans to build a 120,000-square-foot, $400 million LFP material manufacturing plant in St. Louis. The plant is expected to be operational by 2024 and will produce high-quality LFP material for the global lithium battery industry, using primarily a US supply chain. The LFP plant represents a significant expansion of ICL’s energy storage portfolio and demonstrates the company’s commitment to developing high-quality specialty products for agricultural, food and industrial applications.

While the demand for lithium batteries continues to grow, currently there are no large-scale manufacturers of LFP material in the United States. By 2025, the share of LFP batteries is expected to reach more than 30% of all battery shipments. Electric vehicle (EV) adoption is a key driver for the LFP battery market, as this industry and others – such as stationary grid storage and EV charging infrastructure – continue to look for more sustainable, safer, and cost-effective solutions. By 2030, Cairn ERA forecasts global demand for the Li-ion battery market will reach more than 2,725 GWh, for a market value of more than $240 billion.

LFP is a critical solution for the U.S. energy-storage, mobility and infrastructure market,”
Phil Brown, president of Phosphate Specialties and managing director of North America for ICL.

The plant will include two production lines, each line will be capable of producing 15,000 metric tonnes of LFP material per year. Phase one is expected to be complete by the end of 2024, and full production of 30,000 metric tonnes is expected by 2025. The new plant will be located on ICL’s existing Carondelet campus in St. Louis.

ICL partners for the project will include Aleees, which will provide the state-of-the-art LFP process technology, and McCarthy, which will oversee the management of general contracting. The local community will benefit not only through more than 150 high-paying union and professional jobs, but also as ICL expands its active role in developing the next generation of ICL employees.

It’s no surprise LFP is one of the fastest growing sectors of the battery industry, as this technology offers superior safety at a lower cost and with a longer life. LFP also reduces exposure to conflict metals, which aligns with our mission to transform from a company that extracts minerals to a company that uses its minerals to create sustainable solutions for humanity,” Anantha Desikan, EVP and chief innovation and technology officer of ICL.

ICL Expanding Its Product Offerings and Knowledge to Meet Growing Demand from Electric Vehicle Battery Market

ICL is collaborating with Prof. Dan Steingart at the Columbia Electrochemical Energy Center (CEEC) of Columbia University, to improve battery safety and energy density and is exploring multiscale modeling across lithium iron phosphate, lithium metal and zinc-bromine batteries. The Columbia Electrochemical Energy Center (CEEC) joins together faculty and researchers from across Columbia University’s School of Engineering and Applied Sciences and is using a multiscale approach to discover groundbreaking technology and accelerate commercialization. CEEC’s industry partnerships enable the realization of breakthroughs in electrochemical energy storage and conversion.

ICL’s Innovative Bromine Based Technology for Energy Storage

ICL offers a range of energy storage solutions, including tailor-made electrolyte blends for Bromine-based flow batteries. ICL has developed unique chemical blends required to create flow batteries that are ideally suited for storing large amounts of energy. These batteries contribute to efforts that aim to solve energy storage challenges. Due to bromine’s high abundance and rapid kinetics, bromine-based batteries offer superior performance and cost efficiency, making bromine one of the preferred solutions for energy storage. ICL continues to develop bromine-based energy storage solutions for Br-battery companies, using diverse compounds and the commercialization of the new bromine-based electrolyte. Bromine-based electrolytes are recyclable and reusable and provide superior performance for renewable and long-duration energy storage. For more information, visit our dedicated resource on energy storage.

Bromine-based flow batteries experience minimal loss of storage capacity over their lifetime

Battery Materials and Energy Storage

Being Part of The Lithium Iron Phosphate (LFP) Battery Value Chain

ICL Expanding Its Product Offerings and Knowledge to Meet Growing Demand from Electric Vehicle Battery Market

ICL’s Innovative Bromine Based Technology for Energy Storage

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