Compromises by ICL have paved the way for a new tender, which could see a new company win the concession from 2030.
ICL has signed a joint venture agreement with Shenzhen Dynanonic to establish lithium iron phosphate cathode active material production in Europe, with an initial investment of €285 million.
Over the past year the Ramat Yohanan-based plastics company has risen 132% in value.