The Australian-funded lithium ferro-phosphate (LFP) battery plant is expected to achieve full production capacity of 2 GWh per year by 2030. Manila Bulletin Philippines National Marcos inaugurates PH's first lithium iron phosphate batteries factory President Marcos has inaugurated the Philippines' first manufacturing plant for lithium-iron-phosphate batteries, which, he said, sets the stage for the country to become a key player in. The Australian-owned lithium-iron-phosphate factory aims to produce two gigawatt-hours of batteries per year by 2030, powering about 18,000 electric vehicles or nearly half a million home battery systems. Located in New Clark City, Tarlac, the StB GigaFactory was developed through a partnership between.