viewLithium Australia NL

Lithium Australia subsidiary signs MoU to commercialise cathode technology

Terms of the MoU includes the low-capital establishment of a supply chain for VSPC cathode material in China.

Lithium Australia NL - Lithium Australia subsidiary signs MoU to commercialise cathode technology
The companies will also collaborate on a feasibility study for an international cathode material project

Lithium Australia NL’s (ASX:LIT) wholly-owned subsidiary VSPC Ltd and Beijing Saideli Technology Incorporated Company Ltd (SDL) have signed a memorandum of understanding (MoU) to commercialise VSPC cathode material.

The MoU signed by VSPC and SDL will see the parties collaborate on a staged plan for VSPC to commercialise production of its LFP (lithium-ferro-phosphate) cathode material.

This includes the establishment of a supply chain for VSPC customers in China, as well as a joint feasibility study for LFP production and supply outside China using VSPC proprietary process technology.

SDL has considerable expertise in the design and manufacture of process equipment and extensive experience in the construction, commissioning and operation of chemical process plants, including those for the production of LIB cathode powders.

LFP cathode material market

The market for LFP cathode material is forecast to grow strongly over the next decade.

In addition to core applications for ebus and stationary storage, significant demand is expected through substitution (existing) and displacement (expanding) in applications traditionally the domain of lead acid batteries; including but not limited to micro and mild hybrid powertrains, LSEV (low speed electric vehicles), datacentre UPS and 5G tower backup.

Low-capital pathway to commercialisation

LIT managing director Adrian Griffin said: “We see partnering with SDL – which has a demonstrated track record in process development and high-tech process plant delivery – as a great opportunity.

“VSPC’s MoU with SDL provides Lithium Australia with a low-capital pathway to the commercialisation of VSPC cathode powders, in order to meet targets set by our other partners in China.

“We look forward to working with SDL, with a specific focus on the anticipated growth of LFP cathode materials for transport and energy-storage applications.”

Quick facts: Lithium Australia NL

Price: 0.036 AUD

Market: ASX
Market Cap: $21.03 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Lithium Australia NL named herein, including the promotion by the Company of Lithium Australia NL in any Content on the Site, the Company...



Lithium Australia's Adrian Griffin details government research grants and...

Lithium Australia's (ASX:LIT) Adrian Griffin tells Proactive London's Andrew Scott the outbreak of coronavirus so far has had very little impact on the business and its operations in China. Griffin also updates on recent developments including a grant they've been awarded by the Australian...

1 week, 4 days ago

2 min read