| | Li-Metal collaborating with Lyten to develop sustainable lithium metal production capacity and specialty lithium alloy ingots
18 January 2024 In partnership with the Ontario government through the Ontario Vehicle Innovation Network (OVIN), Li-Metal is collaborating with Lyten on the development of specialty lithium alloy ingots to address the demand for next-generation lithium metal anodes.
Earlier this year, Li-Metal announced the receipt of CAD$930,826 in support from the Ontario government through the OVIN R&D Partnership Fund. Combined with an industry contribution from Lyten, an advanced materials company, this funding supports Li-Metal’s ability to further advance and commercialize its lithium metal technology. ( Earlier post.)
Leveraging a total project value of $2,820,684, Li-Metal aims to scale up its production and refining capabilities for battery-grade lithium metal, building on its recently announced production of lithium metal ingots using reprocessing technology ( earlier post).
In addition, the company will use the funds to advance the piloting of new lithium metal products, such as specialty lithium alloy ingots for next-generation batteries. Li-Metal has completed approximately 25% of the project, which it aims to conclude in 2025.
Li-Metal is pioneering the development of a patented carbonate-to-metal (C2M) technology, which is a sustainable and cost-effective modular technology that produces lithium metal directly from lithium carbonate. The company says that its ability to produce lithium metal is a key differentiator for the company as a battery anode supplier as it further enables the growth of its anode business by securing a reliable feedstock.
Posted on 18 January 2024 in Batteries, Manufacturing, Market Background, Materials
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