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Lithium Australia considers commercial LFP pathway in latest feasibility study

Lithium Australia considers commercial LFP pathway in latest feasibility study

Lithium Australia NL (ASX:LIT, OTC:LMMFF)'s Adrian Griffin takes investors through an evolving feasibility study, which outlines the company's commercial pathway to lithium ferro phosphate (LFP) production — a key precursor material for lithium-ion batteries. In terms of future customers, Griffin says the company has its eye trained on North America — described as "the most attractive emerging market on the planet" — which represents 10% of the world's battery production capacity, but there's not a single supplier of LFP.

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