Jiangsu Gov't Approves Environmental Impact Report for LFP Battery Recycling Project

From January to April, Suzhou's industrial added value grew 9.8% year-on-year, with total output reaching 1.61 trillion yuan (+7.3%). Twenty-seven of 34 industrial sectors saw growth (79.4% expansion surface), 16 of which exceeded 8%. High-tech output rose 11.7% to 916.5 billion yuan, led by aerospace (+23.1%), electronics (+20.0%), pharmaceuticals (+12.1%), and instruments (+14.6%). Production of smartphones (+8.5%), integrated circuits (+18.1%), optoelectronic devices (+18.2%), and lithium-ion batteries (+46.3%) increased rapidly.

Italian energy giant Eni and battery energy storage company Seri Industrial have signed an agreement to jointly develop an industrial supply chain for lithium iron phosphate (LFP) batteries, the two companies disclosed on Friday. In a joint statement, the partners said the collaboration will be carried out through their respective subsidiaries Eni Industrial Evolution and FIB. The scope includes the production of LFP battery cells and modules, as well as the assembly of stationary energy storage systems for the industrial and commercial sectors and systems for electric mobility.