West Perth based Lithium Australia has announced the commencement of lithium-ion cathode material production at the company’s R&D laboratory (VSPC-very small particle company) in Brisbane.
This is promising news for LIT as the lithium-iron-phosphate (LFP) battery cathode material produced at VSPC has been tested and approved for use in battery production, according to the company’s announcement.
Lithium Australia managing director Adrian Griffin said the company intended to turn VSPC into a global facility for manufacturing advanced cathode materials as well as for battery recycling.
“VSPC gives Lithium Australia the opportunity to manufacture the world’s most advanced cathode materials – at the high-margin end of the battery metals market. Importantly, VSPC will also allow us to capitalise on waste batteries as a feed source,” he said.
Lithium Australia aims to improve the lithium-ion battery supply chain by using new technologies that include its SiLeach lithium extraction process, cathode material production at VSPC, and recycling techniques for battery materials.
“We anticipate immense pressure on the supply of energy metals such as lithium and cobalt in the near future. Battery recycling not only supports sustainability but may also, ultimately, prove the cheapest source of those energy metals materials in years to come,” Griffin said.
“The ability to produce cathode powders from these materials, while also controlling particle size, is clearly advantageous. It is an integral part of our sustainable and ethical supply policy,” he said.
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— Business News (@wabusinessnews) July 18, 2018