ICL Management and I.C.W.U.C. Local 81c Meet to Discuss Expansion into Lithium Iron Phosphate

Tel Aviv, Israel; November 18, 2022 – ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, recently announced plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis and, on November 7, 2022, ICL management and I.C.W.C. Local 81c met to discuss the status of the project.

ICL site leadership members included Bryce Tinker, Carondelet plant manager and U.S. manufacturing director for ICL Specialty Products, and Barbara Stafford, Carondelet human resources manager.  Union executive committee members in attendance were Mark Smith, union president, and Sharon Pulliam, union secretary.  The local teams were joined by regional leaders as well.  Wayne Luedke, vice president of Americas regional human resources joined for ICL, and Robert Craft, Region 6 representative for the International Chemical Workers Union Council, also attended the meeting.

The introductory meeting at the site was very informative, as ICL shared a project status update, which remains in the initial phase.  The committee set dates for future meeting, to discuss project milestones for the facility expansion.

The facility is expected to be the first large-scale LFP material manufacturing plant in the United States. The company was granted $197 million through the Bipartisan Infrastructure Law funding, which is subject to the completion of negotiations with the Department of Energy. The plant is expected to be operational by 2024 and will produce high-quality LFP material for the global lithium battery industry, using primarily a domestic supply chain.

The International Chemical Workers Union Council and the United Food and Commercial Workers International Union were early supporters of ICL’s application to the Department of Energy.  U.F.C.W. President Marc Perrone and I.C.W.U.C. President Lance Heasley wrote a letter of support, which ICL included as part of its application.

“This project will be a great example of companies and unions working together, so everyone can benefit,” said Lance Heasley.

“The Carondelet plant has been at this location since 1876, and this project represents an opportunity for this historic site to lead the country into the future,” said Bryce Tinker.