Lithium Australia close the loop with acquisition

Lithium Australia’s highly strategic acquisition of the Brisbane-based Very Small Particle Company or “VSPC” is now only subject to shareholder approval after the successful completion of due diligence.

In a release to the ASX this week, Lithium Australia reported they had been through VSPC with a fine-tooth comb and made the decision to proceed with the takeover.

VSPC have developed a patented process for nano-scale manufacturing of a wide range of cathode materials for Lithium-ion batteries.  This high quality material is regarded as a next-generation cathode material

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