Lithium Australia NL (ASX:LIT) managing director Adrian Griffin speaks to Proactive Investors about the company's recent world first; producing lithium-ion batteries using cathode powder made from lithium-iron-phosphate material derived from mine waste using the proprietary SiLeach® process.
The batteries performed on par with standard lithium carbonate batteries, and have a superior safety profile as they tend to not overheat during charging, amongst other benefits.
This latest achievement demonstrates Lithium Australia's strategy of 'closing the loop' on the lithium value chain.