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Lithium Australia in batteries tie-up with China’s DLG

Thu, 05/09/2019 - 00:00 -- John Shepherd

Lithium Australia (LA) and China’s DLG Battery Co are to form a joint venture to sell DLG’s lithium-ion batteries in Australia— and launch a battery product targeting domestic and global markets.

The 50-50 'Lithium Australia DLG' business will also “fast-track” the commercialisation of cathode powders produced by LA subsidiary VSPC for use in DLG batteries, according to a letter of intent signed by the firms.

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