Lithium Australia has announced plans to resume production of Lithium-ion cathode powder through its recently-acquired technology company VSPC from July this year.
Lithium Australia completed the VSPC takeover in February 2018 by acquiring 99.7 per cent of technology company’s equity, and has since been negotiating time-critical service agreements, recruiting technical and operating staff and arranging service agreements with universities to support the technical demands of the project.
Located in Brisbane, Australia, VSPC has spent 14 years and approximately A$30 million developing some of the world’s most advanced manufacturing techniques for the production of cathode materials.
These materials are critical components of lithium-ion batteries, the burgeoning consumption of which is driven by rapidly increasing demand for EVs and consumer electronics. The advanced battery materials being developed by VSPC are also applicable to green energy solutions, including as back-up for sources of renewable energy.
The VSPC facility, a two to four tonnes-per-annum pilot plant, incorporates an integrated laboratory, coin-cell production facility and battery-testing equipment. Lithium Australia is currently conducting plant inspections and servicing, as well as evaluating equipment upgrades, to prepare for resumption of production in July 2018.
“Recommissioning the VSPC pilot plant is a challenging task, but many of the past scientific and operating staff have made themselves available to ensure success. We welcome their assistance and participation in our plan to provide the world’s battery producers with the best available cathode materials,” Lithium Australia’s managing director Adrian Griffin said.
Lithium Australia aspires to ‘close the loop’ on the energy-metal cycle. Its disruptive extraction processes are designed to convert all lithium silicates to lithium chemicals, from which advanced components for the battery industry can be created. By uniting resources and the best available technology, Lithium Australia seeks to establish a vertically integrated lithium processing business.