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Lithium Australia highlights significant reduction in cathode material costs

Lithium Australia NL’s (ASX:LIT)(FRA:3MW) Adrian Griffin tells Proactive's Andrew Scott its subsidiary VSPC has produced high-purity, battery-grade iron oxalate made from various iron sources. He adds that they've achieved up to 10% savings in chemical costs for the manufacture of lithium ferro phosphate cathode powder.

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Price: 0.17 AUD

ASX:LIT
Market: ASX
Market Cap: $139.05 m
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Lithium Australia secures European patent for VSPC nano-powder production

Lithium Australia NL's (ASX:LIT) Adrian Griffin talks Proactive's Andrew Scott through the news its subsidiary VSPC Ltd has had its process patent approved by the European Patent Office. He says the VSPC process produces nano-structured metal-oxide products simply and efficiently.

6 days, 18 hours ago

2 min read