For some time, many lithium-ion industry participants believed LFP (lithium iron phosphate) would be progressively phased out from electric vehicles due to its intrinsic lower energy density compared with nickel-rich chemistries.

However, technology improvements -- coupled with the current market dynamics in China -- have put LFP back in the story.

Henrique Ribeiro and Emmanuel Latham discuss the implications of this trend to the battery metals space.