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Avenira extends agreements for upcoming LFP battery manufacturing facility in Darwin

Avenira, an ASX-listed battery cathode project developer, is extending its memorandum of agreements signed with Advanced Lithium Electrochemistry (Aleees) and the Northern Territory Government for the development of downstream manufacturing of Lithium Iron Phosphate (LFP) cathode material. 
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.