Cathode materials developer VSPC, a wholly owned subsidiary of Lithium Australia, has signed a memorandum of understanding (MoU) with Beijing Saideli Technology Incorporated Company to commercialise its technology.
The deal was agreed following a technical review and discussions around the Australian firm’s lithium-ferro-phosphate cathode product.
The firms will now collaborate to commercialise production of the LFP cathode material with a focus on stationary and motive applications.
The MoU includes plans to establish a supply chain for VSPC customers in China, as well as a joint feasibility study for LFP production and supply outside the country using its proprietary process technology.
Chinese firm Beijing has constructed, commissioned and operated chemical process plants, including the production of lithium-ion battery cathode powders.
Lithium Australia managing director Adrian Griffin said the deal allowed a low-capital pathway to the commercialisation of VSPC’s cathode powders, in order to meet targets set by its other partners in China.