Neometals (ASX:NMT) has received results from lithium battery cycle testing that demonstrates superior performances characteristics of its lithium titanate anode material.
The company engaged a leading U.S. test facility to commence 100‐cycle cycle testing of coin cell batteries using lithium titanate anode material made by the company at the CSIRO.
Lithium titanate is a leading anode material, which can replace graphite.
Its primary advantage over graphite is the surface area of the anode of lithium titanate being around 100 square metres per gram in contrast to typically 3 square metres for graphite.
The enlarged surface area enables electrons to enter and leave the anode much more rapidly, leading to ultrafast recharging, enhanced battery life and enhanced safety performance.
The conceptual plan is to develop a process producing a superior lithium titanate anode material from feedstocks generated from the Neometals’ captive resources.
Subject to technical opinion Neometals will seek protection of intellectual property and commence discussions with potential commercialisation partners.