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Lithium Australia NL

Lithium Australia producing lithium ion battery cathode materials

Potential customers will be able to test the cathode powder products from September.

cathode material lab
Testing on the powders being produced will commence shortly

Lithium Australia NL (ASX:LIT) through its subsidiary Very Small Particle Company Ltd (VSPC) is operating its advanced laboratory facilities in Queensland.

The facilities are producing lithium-ion battery (LIB) cathode materials at bench scale.

This marks strong progress towards commercialisation of the company’s patented battery cathode materials production technology.

READ: Lithium Australia stamps its authority as an emerging vertically integrated lithium play

Lithium Australia’s acquisition of the VSPC provides access to the most lucrative part of the LIB production cycle being the production of cathode powders.

The VSPC technology produces superior quality control in the production of a wide range of cathode powders.

That superiority includes the control of particle size and precise particle chemistry.

Potential customers to be able to test cathode materials

VSCP’s fourth generation lithium iron phosphate cathode material has previously received strong interest from international battery makers.

The VSPC cathode material performance exceeded that of an industry standard in tests completed late 2017.

Cathode materials will be available for customer evaluation from September 2018.

Recommissioning of the pilot production facilities

Recommissioning of the pilot production facilities is also at an advanced stage.

Wet commissioning will commence at the end of May, 2018.

Quick facts: Lithium Australia NL

Price: $0.05

Market: ASX
Market Cap: $25.11 m
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