ARENA Invests $30M in Next-Gen Battery Cathode Tech
Feb 21
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Advancing Lithium-Ion Battery Innovation
The Australian Renewable Energy Agency (ARENA) is funding a $30 million project to support VSPC, a subsidiary of Livium, in commercializing an innovative cathode powder manufacturing process. This includes a 250-tonne per year demonstration facility.
Why It Matters
Enhances battery performance, cost-efficiency & sustainability
Supports high-quality lithium ferro phosphate (LFP) & lithium manganese ferro phosphate (LMFP) production
Strengthens Australia’s role in the global battery supply chain
Industry Leaders Weigh In
ARENA CEO Darren Miller:
"This innovation could revolutionize cathode powder manufacturing, making batteries more affordable and efficient."
Livium CEO Simon Linge:
"This grant accelerates our patented technology and expands access to high-quality battery materials."
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