FREYR and Glencore sign MoU for potential supply of traceable battery raw materials
FREYR and Glencore International AG (Glencore) have signed a Memorandum of Understanding (MoU) for the potential supply of ethically sourced and traceable raw materials for inclusion in FREYR’s lithium-ion battery (LIB) cells, which will be produced at planned facilities in Mo i Rana, Norway. FREYR and Glencore will jointly work to identify requirements and terms for potential supply of raw materials to FREYR’s planned LIB facilities. For example, the companies will consider joint research and development (R&D) projects to adjust the quality, shape or form of Glencore’s raw materials