Lithium Australia NL Sustainability and Battery Recycling Strategy slide image

Lithium Australia NL Sustainability and Battery Recycling Strategy

Advancing LFP battery technology Raw material Li chemicals Lithium Australia NL Recycling Batteries Australia is the world's largest market for residential ESS. The South Australian government, for example, has offered subsidies for the installation of 40,000 energy-storage units in that state, while in Western Australia ('WA') plans are afoot for the government to establish 25,000 remote energy- storage facilities at the fringes of existing power grids. Lithium Australia is a great advocate of LFP battery chemistry for ESS, for reasons of both safety and performance. LFP batteries are remarkably versatile and ideally suited to ESS designed for use in Australia, where factors such as safety, efficiency at high ambient temperatures and minimal service requirements are paramount. LFP batteries demonstrate the following attributes. ◉ Superior operational life (typically twice the number of duty cycles of other LIB chemistries). ■ Excellent safety credentials. ◉ High charge and discharge rates without thermal runaway (low fire risk). ■ A wide operating temperature range (ideal for Antipodean ESS applications). ▪ Low supply chain risk and reduced environmental impact (no nickel or cobalt required). ▪ Lower cost, in that they contain materials that are readily available (again, no nickel or cobalt). The absence of unsustainable/conflict metals - cobalt in particular - in LFP batteries also makes them a wise choice in terms of national energy security, reducing the potential for supply-chain disruptions that can arise when materials are sourced from politically unstable regions or fragile ecosystems where mining can lead to sensitive environmental issues. 19 August 2020 Copyright 2020, Lithium Australia NL
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