Why are minerals companies trying to make batteries?

greentechmedia – Lithium Australia is the latest in a series of firms looking downstream.

An Australian lithium mine.

An Australian lithium mine.

Lithium Australia last month became the latest in a growing list of mineral extraction firms to branch out into battery manufacturing.

The Perth, Western Australia-based lithium company announced acceptance of an offer for 99.7 percent of the Very Small Particle Company (VSPC), an Australian firm that develops and produces nanoscale metal oxides for lithium-iron-phosphate electric vehicle batteries.

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