Aleees and Avenira has signed a memorandum of understanding (MoU) with the Northern Territory Government of Australia to develop and operate the territory's pilot battery cathode manufacturing facility in Darwin. The MoU between the trio outlines the final investment decision (FID) on a pilot project by early next year. A significant economic and strategic opportunity for the Northern Territory, the plant will manufacture lithium iron phosphate (LFP) battery cathode material.

The lithium cathode material is a critical active material used within an electric vehicle battery or energy storage battery. It determines the battery's capacity, safety and durability.