Wildcat Discovery Technologies and EnergyX Announce Joint Venture for 15,000-ton Commercial LFP Cathode Manufacturing Facility in Texas

Wildcat Discovery Technologies, Inc. has entered into a significant joint venture with Energy Exploration Technologies, Inc. (EnergyX) to establish a lithium iron phosphate (LFP) cathode manufacturing facility in Hooks, Texas. The project, announced on June 4, 2026, represents a total investment of over $230 million and aims to bolster U.S. battery supply chains while creating approximately 150 direct jobs and up to 1,200 indirect jobs in the region.

The proposed facility will produce around 15,000 metric tonnes of LFP cathode material annually, a critical component for various applications, including energy storage systems, electric vehicles, and military platforms. This initiative is strategically located adjacent to EnergyX's Project Lonestar™ lithium plant and near the Red River Army Depot, providing logistical advantages such as rail transportation access and existing utility infrastructure. The project is part of a broader effort to reduce reliance on foreign sources of cathode materials and strengthen national defense capabilities.

EnergyX is expected to supply the majority of the lithium carbonate required for the manufacturing process, which is crucial given that lithium precursor materials constitute a significant portion of the production costs for LFP cathodes. By securing stable and affordable lithium supply, the partnership aims to mitigate the volatility that typically affects lithium prices, thereby enhancing the competitiveness of the facility. EnergyX controls approximately 50,000 acres of premium lithium mining rights, which further solidifies its position in the supply chain.

Both companies have demonstrated capabilities in LFP cathode and lithium carbonate production, having validated their technologies at facilities in San Diego, California, and Hooks, Texas. Wildcat's product roadmap includes advancements in higher-density LFP materials and future cobalt- and nickel-free chemistries, indicating potential for further expansion within the joint venture. The collaboration aligns with EnergyX's vision of creating a comprehensive U.S. battery materials supply chain, which is essential for the future of energy storage and electric mobility.

The establishment of this facility is expected to have broader implications for the energy sector, particularly in the context of U.S. efforts to enhance domestic manufacturing capabilities and reduce dependence on foreign supply chains. As demand for electric vehicles and renewable energy storage solutions continues to grow, the development of localized supply chains will be critical for maintaining competitiveness in the global market. This joint venture not only addresses immediate supply chain challenges but also positions Texas as a key player in the emerging battery materials landscape, contributing to the state's reputation as a hub for energy innovation.