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
Read the full article at https://www.businessnews.com.au/article/Lithium-Australia-close-the-loop-with-acquisition