First Phosphate and Lithium Australia Sign MOU for Joint Development of an LFP / LFMP Pilot and Commercial Plant
LIT has developed proprietary technology to produce LFP / LMFP CAM through its wholly owned subsidiary VSPC Pty Ltd ("VSPC").
- LIT has developed proprietary technology to produce LFP / LMFP CAM through its wholly owned subsidiary VSPC Pty Ltd ("VSPC").
- LIT is seeking a partner to support the commercialization of its LFP / LMFP technology through the development, construction and operation of a demonstration plant ("Demo Plant") and an eventual commercial scale manufacturing facility ("Commercial Plant").
- Advancement of joint development and funding discussions for a 250-500 tonne per annum ("tpa") LFP / LMFP Demo Plant based on LIT LFP / LMFP production technology.
- The locating of the Demo Plant and Commercial Plant either in Queensland, Australia or in North America.