Austvolt Cathode Precursor Material Manufacturing Plant
Austvolt is poised to be a key manufacturer of cathode precursor material in the global integrated lithium battery supply chain through the development of the first commercial-scale precursor manufacturing plant in Australia.
Cathode precursor material (pCAM) is a high-value and specifically engineered material that contains nickel, cobalt, and manganese. When combined with lithium it becomes the cathode material for lithium batteries. By developing a commercial scale cathode precursor material manufacturing plant in Western Australia, Austvolt will be able to guarantee ethical sourcing and traceability, while helping drive Australia’s advanced manufacturing ambitions.
Austvolt has been granted a 9-hectare land allocation for the cathode precursor material manufacturing plant in the Rockingham-Kwinana Strategic Industrial Area by the Western Australian State Government. The plant will have the capacity to produce 40,000 Tonnes per annum of pCAM.
Investor information
Financial information
Investment sought: $251 - $500 million
Project status update:
TBC
Project dependencies:
TBC
Project information
Project highlights:
TBC
Project timeline:
Expected start date:
01 July, 2023
Expected end date:
31 March, 2023
Funding round finish date:
30 June, 2024
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