Proactive Investors - Run By Investors For Investors

Lithium Australia subsidiary producing lithium-ion cathode material for battery market

Delivery of VSPC’s lithium-iron-phosphate battery cathode material is expected to begin later this year.
VSPC pilot plant in Brisbane
VSPC has recommissioned its pilot facilities in Brisbane

Lithium Australia NL’s (ASX:LIT) subsidiary VSPC Ltd has started producing lithium-iron-phosphate (LFP) battery cathode material from its newly recommissioned pilot plant.

Delivery of cathode material samples from the pilot facilities in Brisbane is expected to begin in the December quarter of 2018.

Lithium Australia managing director Adrian Griffin said: “VSPC gives Lithium Australia the opportunity to manufacture the world’s most advanced cathode materials – at the high-margin end of the battery metals market.

“Importantly, VSPC will also allow us to capitalise on waste batteries as a feed source.”

 

VSPC is a specialist battery-component research and development laboratory wholly-owned by Perth-based Lithium Australia.

After completing the recommissioning, VSPC is verifying the quality and consistency of its pilot-production materials.

This is being done via VSPC’s advanced, on-site electrochemical testing facilities, the capabilities of which include the ability to assemble and test lithium-ion coin and pouch cells.

READ: Lithium Australia producing lithium-ion battery cathode materials

International battery makers previously showed strong interest in VSPC’s 4th-generation LFP cathode material.

This interest was supported by tests in late 2017 that showed the performance of VSPC's cathode material exceeded that of an industry standard material.

READ: Lithium Australia enhances SiLeach® process by lodging two new patent applications

Griffin said: “We anticipate immense pressure on the supply of energy metals such as lithium and cobalt in the near future.

“Battery recycling not only supports sustainability but may also, ultimately, prove the cheapest source of those energy metals materials in years to come.

“The ability to produce cathode powders from these materials, while also controlling particle size, is clearly advantageous.

“It is an integral part of our sustainable and ethical supply policy."

Lithium Australia intends to ‘close the loop’ on the energy-metals cycle.

Change of name

In conjunction with the recommissioning, the name of the wholly-owned subsidiary has been changed to VSPC Ltd from Very Small Particle Company Ltd.

Lithium Australia aspires to ‘close the loop’ on the energy-metals cycle utilising strategic assets and disruptive technologies to establish a vertically integrated lithium processing business.

It aims to improve the lithium-ion battery supply chain with technologies that include its SiLeach® lithium extraction process, superior cathode material production from VSPC, and enhanced recycling techniques for battery materials.

View full LIT profile View Profile

Lithium Australia NL Timeline

Related Articles

Community meeting at Lindi Jumbo project
November 30 2018
The company’s highest priority is securing funding for the world-class Lindi Jumbo large and jumbo flake graphite project.
1542997473_serbian-landscape.jpg
November 24 2018
Freeport can earn into the two licences, which are within the southern portion of the Timok Magmatic complex
gold bars
August 02 2018
Arc Minerals has significant upside at kalaba in Zambia

© 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