<div id="readability-page-1"><div><p>ICL Group Ltd. announced that in a joint decision with Shenzhen Dynanonic Co Ltd., the Company also decided to terminate the joint venture agreement for the establishment of an LFP cathode active material production facility in Spain. This decision follows the U.S. Department of Energy's (DOE) announcement, as reported on October 9, 2025, regarding its decision to discontinue funding for the construction of the facility in St. Louis, U.S. The DOE's decision was part of a broader decision to cancel eligibility for continued funding of numerous projects, including in the renewable energy sector, and in light of absence of funding from the European Union to establish an LFP cathode active material production facility in Spain.</p><p>The lack of such funding comes alongside global developments in the electric vehicle market that indicated lower demand levels than initially forecasted, as well as regulatory changes, including in the U.S. and China, that affectedthe projects' economic feasibility, in addition to high required capital investments and significant operating costs.</p></div></div>

德方纳米

<p>ICL Group Ltd. 和深圳德方纳米有限公司已共同决定终止其在西班牙建立 LFP 正极活性材料生产设施的合资协议。此决定是在美国能源部停止对圣路易斯设施的资金支持以及欧盟缺乏资金支持的背景下做出的。此外，电动车市场需求低于预期以及美国和中国的监管变化也影响了该项目的经济可行性，加上高额的资本投资和运营成本</p>

ICL Group Ltd Announces Termination of the Joint Venture Agreement with Shenzhen Dynanonic Co, Ltd for the Establishment of an LFP Cathode Active Material Production Facility in Spain

ICL 集团有限公司宣布终止与深圳德方纳米有限公司关于在西班牙建立 LFP 正极活性材料生产设施的合资协议