Lithium Australia NL (ASX:LIT) this morning reported that its subsidiary, the Very Small Particle Company Ltd (VSPC), is making strong progress towards commercialisation of its patented battery cathode materials production technology.
Lithium Australia NL (ASX:LIT) has announced the preliminary results of its first drilling campaign at Sadisdorf, Germany. The project is a farm-in and JV with Tin International AG, a subsidiary of exchange listed Deutsche Rohstoff AG (FRA:DR0) as partner.
Lithium Australia will apply for an additional patent for its SiLeach, chemical based lithium extraction process after fine-tuning for a proposed large scale pilot plant led to a breakthrough improvement.
Lithium Australia NL (ASX: LIT) has finalised its acquisition of advanced cathode material production technology, acquiring 99.7% of the equity in Brisbane-based technology company the Very Small Particle Company (VSPC).