https://research.commsec.com.au/Loa...2NDktMFA0SDRTUEI2Rk9BMDhKNDJNVUs2TEFQTDIifQ==
Lithium Australia NL (ASX: LIT) has agreed terms in principle to develop advanced anode materials for lithium-ion batteries (LIBs). The agreement, which remains subject to completion of formalities, will also give Lithium Australia access to superior battery management systems. This technology package has the potential to significantly increase LIB performance. Having agreed in principle to partner with a battery researcher, Lithium Australia plans to establish facilities for the development of graphite/silicon anodes, and in so doing make full use of its VSPC plant at Wacol (in Brisbane, Australia). The agreement involves implementation of a four-stage development and commercialisation programme. Previously tested prototypes of the advanced anode materials indicate the potential to significantly increase the energy density of LIBs. While the use of silicon to improve battery performance is not new, introducing it into the anode in the quantity needed to obtain the desired improvement in performance while maintaining reliability and longevity has so far proved problematic. The first stage of the development programme will commence immediately with the establishment of laboratory and testing facilities in Queensland. Operations will commence under the terms of a memorandum of understanding. Full details will be released on execution of binding documents.
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