Himadri Speciality Chemicals Explores Lithium Iron Phosphate Supply Deals With EV Battery Firms.

Himadri Speciality Chemicals has entered advanced discussions with global electric vehicle (EV) players and EV battery manufacturers to supply lithium iron phosphate (LFP), marking a significant step in its expansion into the EV materials segment.

The company’s LFP initiative is designed to support battery production capacity of up to 100 GWh in a phased manner over the next five years. The proposed manufacturing facility will cater to both domestic and international markets, strengthening supply chains outside China. The first phase of the LFP cathode active material plant is expected to become operational by the third quarter of FY27.

Himadri plans to set up a 2 lakh tonnes per annum LFP cathode active material manufacturing facility in Odisha, with a capital expenditure of ₹1,125 crore. Once commissioned, it is expected to be the only LFP production facility of its kind outside China, positioning the company as a key global supplier in the fast-growing EV battery ecosystem.