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Lithium Australia to develop advanced silicon anodes for lithium-ion batteries

The in-principle agreement involves the implementation of a four-stage development and commercialisation program.
batteries
This is an opportunity to significantly increase battery performance

Lithium Australia NL (ASX:LIT) has agreed in principle to partner with a battery researcher to develop advanced anode materials for lithium-ion batteries (LIBs).

The agreement, which remains subject to completion of formalities, will also give Lithium Australia access to superior battery management systems.

Importantly, the new technology package has the potential to significantly increase LIB performance.

Lithium Australia is planning to establish facilities for the development of graphite/silicon anodes, and in so doing make full use of its subsidiary VSPC Ltd’s plant at Wacol in Brisbane.

 

The new agreement involves the implementation of a four-stage development and commercialisation program.

Previously tested prototypes of the advanced anode materials indicate the potential to significantly increase the energy density of LIBs.

While the use of silicon to improve battery performance is not new, introducing it into the anode in the quantity needed to obtain the desired improvement in performance while maintaining reliability and longevity has so far proved problematic.

READ: Lithium Australia to complete third share component of VSPC acquisition

The first stage of the development program will commence immediately with the establishment of laboratory and testing facilities in Queensland.

Operations will commence under the terms of a memorandum of understanding. Full details will be released after the execution of binding documents.

READ: Lithium Australia secures option over further lithium prospective acreage in WA

Lithium Australia managing director Adrian Griffin said: “The development of advanced anode materials is an opportunity to significantly increase battery performance, with subsequent environmental benefits.

“This new arrangement – the perfect adjunct to our existing cathode technology – will target higher-performance products with a more sustainable production profile.

“Successful implementation of higher-capacity anodes and better battery management systems will result in improved LIB performance. We plan to be a leader in delivering that outcome.”

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