FREYR Battery Signs License and Services Agreement with Aleees to Produce Active Cathode Material (LFP)
New York, Oslo, and Luxembourg, October 10, 2022, FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has entered into an agreement with Aleees (TWSE: 5227), the Taiwan-based lithium-iron phosphate (“LFP”) cathode battery material manufacturer. The agreement, which includes ongoing services and support from Aleees, provides FREYR with a worldwide license to produce and sell LFP cathode material based on Aleees’ technology, and to build production facilities leveraging Aleees’ industrial expertise. FREYR anticipates that the agreement