Proactive Investors - Run By Investors For Investors

Neometals lodges patent with eye on lithium-ion batteries

Neometals has lodged an Australian provisional patent in relation to lithium titanate research.
Neometals lodges patent with eye on lithium-ion batteries
The next steps will be highly anticipated

Neometals Ltd (ASX:NMT) has lodged an Australian provisional patent application associated with its technology to produce lithium titanate oxide for use in lithium-ion batteries.  

Neometals has a dedicated subsidiary, Neomaterials Pty Ltd, to hold its interest in the intellectual property and patent applications for this advanced battery material process.

Test work results indicate performance of the material in the larger scale pouch-cell was superior to the commercially available lithium titanate, and re-confirmed in multiple coin-cell tests.

All tests had NCM cathode and LTO anode.

Chris Reed, managing director, commented:

"The lodgement of this patent application is consistent with Neometals’ IP strategy to protect its competitive advantage once the commercial viability emerges.

"Our goal is to justify the addition of a LTO circuit to the Lithium Hydroxide project to further multiply the value of our lithium units."

Neometals is undertaking optimisation testwork at the CSIRO to accelerate the commercialisation of this advanced battery material technology.

The program is expected to be completed by the end of the December quarter and will produce product for evaluation by battery producers.

READ NOW: Neometals commences test work at one of the world’s highest‐grade titanium deposits

View full NMT profile View Profile

Neometals Ltd Timeline

Related Articles

1538719481_shutterstock_145281661.jpg
October 06 2018
Northwest Nonferrous Australia Mining sold the project to De Grey in a transaction for which it will pay another $10.4 million in cash and $3 million in shares.
gold nugget
November 26 2018
The company is drilling at the old Albury Heath mine where it found bonanza-grade gold.
1538379178_shutterstock_271669007.jpg
October 01 2018
Best of the grades was 25.5m at 9.4% copper with 5.1 g/t gold

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use