Among the many industrial and research level applications of fluorides like microelectronics, polymers, agronomy, imaging, dental composites, uranium enrichment processes or catalysis, there is a recent and growing interest for these ionic compounds in the field of energy storage and conversion. Li-ion technology in particular, has been attracted to fluorides due to the possibility of morethan-one electrode reaction. In fact, these reactions can potentially enhance the energy stored in commercial cells (conversion reactions). By reaction with lithium, transition metal fluorides such as MnF 3 , FeF 3 , CoF 3 or CuF 2 , can be reduced to the respective zero valent metal/LiF mixture with resulting high theoretical capacities ranging from 3 to 4.2 times the amount currently delivered by commercial LiFePO 4 (170 mAh g-1). Since, in practice, the most of the research efforts are being put into iron trifluoride due to chemical (relatively mild synthesis conditions), electrochemical (lower polarization than MnF 3 for example) and environmental (Fe is more environmentally friendly than Co) reasons, in this review we will focus on the electrochemistry, synthesis strategies and amelioration techniques for the high oxidation state ferric fluoride and its derivatives.