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ChemX Materials Ltd signs a non-binding Memorandum of Understanding (MoU) with US-based lithium-ion battery leader C4V to advance its High Purity Manganese (HPM) project and work towards an HPM offtake deal.
The MoU aims to ensure ChemX's battery materials meet C4V's technology requirements and qualify for inclusion in C4V's supply chain, leading ChemX closer to becoming a global supplier of high-purity battery materials.
While initially focusing on HPM, the MoU also includes potential collaboration on additional materials needed for C4V's lithium-ion battery cells, such as ChemX's High Purity Alumina (HPA) project.