Challenges with LFP
Complex manufacturing process and high water and electricity consumption result in high operating cost, sub-optimal throughput, and significant waste generation
Complex Manufacturing Process​​
Current LFP production is a complex and multi-step process; FePO4 (precursor CAM or pCAM) is produced by mixing FeSO4 and H3PO4, generating huge amounts of Na2SO4 waste and then FePO4 is mixed with Li2CO3 to produce LFP CAM.
High Production Cost
LFP production requires high CAPEX due to heavy machinery and a large-scale building footprint, while still delivering a relatively low throughput. In addition, a temperature of 800 degree Celsius is required for 6-8 hours leading to high energy consumption.
Negative Environmental Impact​​
Na2SO4 waste leads to detrimental effects on aquatic ecosystems, wildlife, and soil and groundwater contamination. High solubility and chemical stability of sulfates requires expensive sulfate removal technologies leading to complicated regulatory and waste management challenges.
Benefits with Venus3
Venus3 utilizes a proprietary reaction of a Li-salt with an iron-based compound. The reaction solvent is recycled, ensuring no waste production and zero water consumption.
Simple Manufacturing Process​
Venus3 does not require pCAM which reduces the number of manufacturing steps leading to higher throughput. It will be produced with domestic raw materials and equipment.
Lower Production Cost​
CAM production costs will be reduced by 40% with simplified process flow, abundant raw material availability, and reduction in equipment footprint.
Positive Environmental Impact​​
Venus3 circular manufacturing process consumes 81% lower energy, generates 81% lower emissions, and requires zero water consumption. Most importantly, there is no Na2SO4 or any other kind of waste generated with Venus3.