Avenira (AEV) has signed a memorandum of understanding with Advanced Lithium Electrochemistry (Aleees) and the NT Government to develop a lithium iron phosphate (LFP) cathode plant. The non-binding deal will see the parties leverage Avenira's Wonarah phosphate project to develop an LFP battery cathode manufacturing plant in Darwin. The Northern Territory Government's role will be to assist and advise on the necessary infrastructure including water, energy, power, telecommunications, road, port and rail access, and service requirements for the proposed plant.