Avenira gets more time for Darwin battery cathode plant

Critical minerals developer Avenira has won an extension from the Northern Territory government until June, 2024 on their agreement to develop a lithium ferro phosphate (LFP) Cathode Active Material (LFP) plant in Darwin.

Under a tri-partite agreement with the government and Taiwanese LFP battery manufacturer manufacturer Aleees, Avenira is proposing a facility to manufacture pre cursor battery cathode materials from critical minerals, including phosphate sourced from the company’s Wonarah Project in the NT.

The facility would have an initial capacity of up to 10,000 tonnes per annum, scaling to 30,000 tonnes in phase 2 and 100,000 tonnes in phase 3.

Avenira aims for the plant to be sited at the planned Middle Arm Sustainable Development Precinct in Darwin.

The project has already seen a positive scoping study which demonstrated a strong economic and technical visibility for the manufacturing facility.

Avcenira’s Chairman and Chief Executive Officer Brett Clark said: “The extension of time…demonstrates the continuing support of the Northern Territory government and Aleees with this significant LFP cathode project in Darwin.”

Battery maker Aleees is to provide licensing rights and development, operational and management support.

Avenira is a battery cathode and fertiliser focused project developer, aiming to supply premium quality products into the electric vehicle, agricultural and industrial chemical markets.

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Picture: Avenira