Lithium Australia makes strong progress towards tech commercialisation
LithiumAustralia NL (ASX:LIT) this morning reported that its subsidiary, the VerySmall Particle Company Ltd (VSPC), is making strong progress towardscommercialisation of its patented battery cathode materials productiontechnology.
VSPC'sadvanced laboratory facilities are now operational and production of lithiumion battery (LIB) cathode materials has begun at bench scale. Preparation ofLIB coin cells and electrochemical testing will also kick off shortly. Theseactivities can be accomplished within the VSPC facilities at Wacol, inQueensland.
The VSPCtechnology produces superior quality control in the production of a wide rangeof cathode powders. In particular, this includes the control of particle sizeand precise particle chemistry.
Thecompany said that recommissioning of the pilot production facilities is also atan advanced stage. Wet commissioning will begin at the end of the month.
VSCP'sfourth generation lithium iron phosphate (LFP) cathode material has previouslyreceived strong interest from international battery makers, and VSPC cathodematerial performance exceeded industry standards in tests completed late 2017.Cathode materials will be available for customer evaluation from September thisyear.
VSPCalso noted the engagement of senior plant management, engineering andscientific personnel. VSPC staff will be supported by an advisory group drawnfrom international experts in the LIB field to assist ongoing operations anddevelopment of VSPC technology and cathode material products.
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