THE BOURSE WHISPERER: Lithium Australia announced the first cathode material produced at VSPC’s re-commissioned pilot plant in Brisbane destined for delivery to international battery makers in Q4 2018.
A Lithium Australia subsidiary, VSPC is a specialist battery-component research and development laboratory.
The latter’s pilot production facilities in Brisbane are now fully re-commissioned, and lithium-iron-phosphate (LFP) battery cathode material is being produced.
International battery makers have previously shown strong interest in VSPC’s 4th-generation LFP cathode material.
Tests completed late in 2017, demonstrated the performance of VSPC’s cathode material exceeded that of an industry standard material.
With its electrochemical laboratory facilities now fully operational, the quality and consistency of VSPC’s pilot-production materials are currently being verified via the company’s advanced, on-site electrochemical testing facilities, the capabilities of which include the ability to assemble and test lithium-ion coin and pouch cells.
“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,” Lithium Australia managing director Adrian Griffin said in the company’s announcement to the Australian Securities Exchange.
“Importantly, VSPC will also allow us to capitalise on waste batteries as a feed source.
“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.
“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.”