Lithium Australia is the latest in a series of firms looking downstream.
An Australian lithium mine.
Lithium Australia last month became the latest in a growing list of mineral extraction firms to branch out into battery manufacturing.
The Perth, Western Australia-based lithium company announced acceptance of an offer for 99.7 percent of the Very Small Particle Company (VSPC), an Australian firm that develops and produces nanoscale metal oxides for lithium-iron-phosphate electric vehicle batteries.
Lithium Australia said VSPC, of Queensland, had spent 14 years and AUD $30 million (USD $23 million) developing “the world’s most advanced cathode production technology for lithium-ion batteries.” Tiếp tục đọc “Why Are Minerals Companies Trying to Make Batteries?”