Behavior of PH/P1 lithiated iron phosphate (Phostech Lithium Inc, Canada) used as positive electrode material for Li-ion battery with LiPF6-based electrolyte was investigated. Specific capacity of the material reached 130 mA·h/g at a rate of 0.5С and 20°C, 105 mA·h/g (1С) and 95 mA·h/g (2.1C). Cell capacity increased by 20% during first 50 cycles and minor capacity fade at a rate of 0.04% per cycle is observed after 300 cycle when cycled at 2C rate versus carbon negative electrode (CMS, PRC).