Positive initial Novonix battery test results for Lake's high purity lithium carbonate

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Positive results returned from initial testing by Novonix (ASX: NVX) for high-performance lithium-ion batteries using Lake’s high 99.97% purity lithium carbonate.

Novonix compared commercial product to Lake’s lithium product to provide real-world comparisons for Tier 1 battery makers.

“Larger scale tests will be conducted using batch-scale synthesis to demonstrate repeatability, homogeneity, and cell characterisation and validation in full lithium-ion wound pouch cells, as part of Novonix’s pilot scale cell line facilities in Nova Scotia, Canada. This will enable Lake and its potential partner and customers to make direct comparisons of Lake’s lithium products’s performance inn familiar battery chemistries. Novonix anticipates this testing process to take some months. Lake will update the market as soon as results are available.”

Lake Resources’ Managing Director Steve Promnitz commented: “The results from Novonix demonstrate the high quality of Lake’s high purity lithium in batteries and future results are anticipated to reinforce the initial results. This provides electric vehicle makers and battery makers confidence around Lake’s product quality, which is particularly important given the increasing demand for a high purity product.”

ASX announcement: HERE

Michele LiddyComment