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Eni and Seri Industrial Launch FAENIX to Strengthen Europe’s LFP Battery Supply Chain

Italian energy major Eni and battery storage company Seri Industrial have officially launched FAENIX, a new joint venture dedicated to advancing the commercial and technological development of Europe’s lithium iron phosphate (LFP) stationary battery supply chain. The announcement was made on Monday, marking a significant step in strengthening Europe’s domestic battery manufacturing capabilities and supporting…

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