IBU-tec Advanced Materials AG Receives Key Permit for Europe's Largest LFP Production Plant
IBU-tec advanced materials AG has received a crucial permit from the State Administrative Office of Saxony-Anhalt for new operational buildings at its Bitterfeld-Wolfen site. This permit is a significant milestone in the construction of Europe's largest LFP (lithium iron phosphate) production plant, which will have a capacity of 15,000 tons per year and is scheduled to begin operation in early 2028. The approved complex includes a new, state-of-the-art laboratory for battery materials.
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