Advanced Lithium Electrochemistry Co., Ltd. (Aleees) has signed a Memorandum of Understanding (MoU) with the Neogen Chemicals Ltd., Aleees will grant Licensed Technology to Neogen Chemicals Ltd. to develop and build LFP cathode production facility in India or other regions. This collaboration will strengthen the resilience of the European, American, and Indo-Pacific lithium-ion battery supply chain to meet customer needs for reduced reliance on China and collectively address the on-site production requirements of multinational customers in multiple regions.