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Lithium Australia 'will have lithium cathode material ready for testing within 2 weeks'

Lithium Australia NL (ASX:LIT) managing director Adrian Griffin speaks to Proactive Investors about the recent grand reopening of Australia's only cathode powder pilot plant and battery-testing facility, in Brisbane, Queensland.

The plant has been recommissioned by Lithium Australia's wholly-owned subsidiary, the Very Small Particle Company, VSPC Pty Ltd, to produce cathode material for use in the production of lithium-ion batteries.

"Within two weeks we will have lithium cathode materials ready for shipping to China for testing by major battery producers," says Griffin.

He adds, "to prove processes commercially it's very important to scale up... we'll probably produce a larger scale plant in the near future, but to get there we have to complete feasibility, that's already commenced and we anticipate completing that by about March. That will give us all the parameters for building a larger plant which will probably be the first, shall we say moderate scale, production unit for cathode powders in Australia."

Quick facts: Lithium Australia NL

Price: 0.13 AUD

ASX:LIT
Market: ASX
Market Cap: $116.63 m
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