Neometals has lodged an Australian provisional patent application for its technology to produce lithium titanate oxide for use in lithium-ion batteries.
The company’s subsidiary Neomaterials holds its interest in the intellectual property and patent applications for this battery material process.
Test work results found the performance of the material in the larger scale pouch-cell was more effective compared to the commercial available lithium titanate and reconfirmed in multiple coin cell tests. All of the tests had NCM (nickel, cobalt, manganese) cathode and LTO (lithium titanate) anode.
Neometals is also conducting optimisation testwork at the CSIRO to boost the commercialisation of its technology.
Neometals managing director, Chris Reed, said, “The lodgement of this patent application is consistent with Neometals’ IP strategy to protect its competitive advantage once the commercial viability emerges.
“Our goal is to justify the addition of a LTO circuit to the Lithium Hydroxide project to further multiply the value of our lithium units.”
The program is set to be completed by the end of the December quarter and will produce product for evaluation by battery producers.