Transforming the Battery Industry
Stock Code:
ASX: LIT
Company Exposure:
Lithium Production, Battery Cathodes, Battery Recycling
Project Locations:
Australia
Lithium Australia NL (‘Lithium Australia’ or ‘the Company’) aims to create a circular economy for battery materials that enhances energy and resource security. In so doing, the Company meets the ESG requirements that potential investors have come to expect.
Together with its subsidiaries VSPC Ltd (‘VSPC’) and Envirostream Australia Pty Ltd (‘Envirostream’), the Company has developed a suite of vertically integrated technologies relating to battery material manufacture both upstream and downstream.
VSPC, which develops advanced battery materials that enable e-mobility, energy storage and a zero-carbon economy, has international patents covering the production of advanced cathode and anode powders, including lithium ferro phosphate (‘LFP’). LFP, a market sector with year-on-year growth rates exceeding 300%, now commands 52% of the global lithium-ion battery (‘LIB’) market and VSPC is one of only a few companies outside China with the technical expertise to manufacture LFP powder of the highest quality.
Lithium Australia subsidiary Envirostream is Australia’s only fully integrated mixed-battery (including LIBs) collection and recycling business. It reprocesses spent LIBs with the aim of rebirthing the active materials within.
Meanwhile, the Company continues its research into, and development of, proprietary extraction processes for the conversion of all lithium silicates (including mine waste), and of unused fines from spodumene processing, to lithium chemicals for the battery industry.
Together, Lithium Australia’s suite of technologies, protected by international patents, are the key to providing an ethical and sustainable supply of energy metals to the battery industry.
Investment Highlights
An investment in Lithium Australia provides unique exposure to the production of LFP cathode material for LIBs. A fast-expanding sector of the battery industry, LFP’s growth rate far outstrips that of other LIB chemistries
containing nickel and cobalt. LFP contains neither and uses 20% less lithium per unit of stored energy. Moreover, LFP is characterised by superior life, safety and lower cost compared to other types of LIB chemistries.
By reducing the battery industry’s dependence on critical materials (especially nickel and cobalt), the Company’s production of LFP can reduce supply chain vulnerability and enhance the security of the e-mobility and stationary energy storage sectors in particular.
