EnergyX, Wildcat form joint venture for 15,000-ton LFP cathode plant in Texas
- EnergyX entered a joint venture with Wildcat to develop a US-based LFP cathode active material plant in Hooks, Texas.
- Phase 1 targets 15,000 metric tons a year of LFP cathode output, with expansion potential.
- Total project investment is expected to exceed USD 230 million, with construction timing tied to potential DOE funding.
- EnergyX is expected to supply most or all lithium carbonate under terms that include a market discount and price floor and ceiling.
- The project is expected to create about 150 permanent jobs, with 800-1,200 indirect and construction roles.
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