VSPC has successfully obtained a co-funding grant from AMGC to advance processes for the utilisation of high-grade iron materials and LFP from mineral sources and, importantly, from the recycling of lithium-ion batteries ('LIBs').
Raw materials make up more than half of the cost of producing LIB cathode materials, having the technology to utilise lower-cost raw materials and reuse materials from battery recycling are important competitive advantages for VSPC.
AMGC is a not-for-profit organisation established by the Australian Government to support the development of world-leading advanced manufacturing in
Partners in the project include
Envirostream operates a LIB recycling business in
Comment from AMGC Managing Director Dr.
'Advanced manufacturing in all its forms represents a significant opportunity for the Australian economy. AMGC is pleased to support VSPC as it moves to commercialise its groundbreaking lithium-cathode manufacturing process. VSPC's project addresses several global challenges, particularly how to conserve precious raw materials, deal with battery waste and reduce landfill, all while reducing cost. VSPC and its partners are a further demonstration of the power of collaboration and the skills that exist in
Comment from Lithium Australia Managing Director
'This co-funding grant from AMGC is an important contribution to the sustainability of LIB manufacture. Society can no longer afford to tolerate the single-use mentality of past generations. VSPC's initiative to advance the application of lower-cost raw materials is a significant step forward for the battery industry. We have a strong team and talented partners capable of delivering an outcome that will benefit the environment, consumers and shareholders alike. This is an opportunity to provide practical outcomes in advancing the circular economy, and I thank AMGC and our other partners for supporting this initiative, which will help conserve resources, reduce landfill and provide the opportunity for a comprehensive stewardship scheme that promotes the responsible use of batteries.'
Contact:
Tel: +61 (0) 418 927 658
Email: Adrian.Griffin@lithium-au.com
About Lithium Australia
Lithium
About VSPC
VSPC, a wholly owned subsidiary of Lithium Australia, has an R&D and pilot plant facility in
About AMGC
AMGC is an industry-led, not-for-profit organisation established through the Australian Government's Industry Growth Centres initiative. AMGC's vision is to transform the Australian manufacturing sector into one that is internationally competitive, dynamic and thriving, with advanced capabilities and skills at its core.
Through the delivery of its world-leading research,
(C) 2020 Electronic News Publishing, source