Livium secures millions for LFP plant - Australian Mining

elperiodicodelaenergia.com

Factuality

Ownership

The Australian Renewable Energy Agency (ARENA) has committed 30 million Australian dollars in conditional funding to VSPC for its project, which seeks to commercialize a new process of cathode dust manufacturing for lithium-ion batteries. VSPC is a wholly owned subsidiary of Livium Ltd. The project will involve the construction by VSPC of a new demonstration facility of 250 tons per year, which is likely to be built near the current VSPC facilit…

Australian Mining

Factuality

Ownership

Livium secures millions for LFP plant - Australian Mining

Image: Henri Koskinen/stock.adobe.comLivium has secured a $30 million grant for its lithium ferro phosphate (LFP) demonstration plant. The funds were awarded by the Australian Renewable Energy Agency (ARENA) and is expected to cover 50 per cent of the estimated funding required to build and complete two years of operation at the plant. Once the plant has been up and running for two years, Livium expects to secure binding LFP offtake contracts to…