Lithium Australia’s proposed acquisition of a Brisbane-based Lithium-ion battery cathode developer known as the Very Small Particle Company or “VSPC”, has been boosted by news of strong test results from an independent laboratory in Germany.
Lithium Australia are working on a range of financing options ahead of an anticipated green-light decision for a US$42m large scale pilot plant for their breakthrough Sileach Lithium processing technology.
Lithium Australia’s highly strategic acquisition of the Brisbane-based Very Small Particle Company or “VSPC” is now only subject to shareholder approval after the successful completion of due diligence.
Lithium Australia NL is moving closer to the completion of due diligence on the proposed acquisition of Australian battery cathode developer Very Small Particle Co. Ltd. and the results are promising, according to Managing Director Adrian Griffin.
In what looks to be a perfect pairing, Lithium Australia and Poseidon Nickel have joined forces in a strategic deal that could see Lake Johnston emerge as a hub for the production of Lithium concentrates and downstream processing.
If you accept that the march towards electrification of automobiles is now unstoppable and that it is largely the Lithium-ion battery that is making this happen, then it follows that over the decades to come, a myriad of lucrative business opportunities up and down the Lithium value chain will present themselves.