Technology could drive down costs and boost performance of lithium-ion
batteries used in cellular phones, tablets, electric vehicles and
VANCOUVER, Sept. 26, 2012 /CNW/ - Vancouver-based Perfect Lithium Corp.
is on the verge of perfecting a novel processing technology for all
present and future high-energy-density cathode materials that will
drive down costs and boost the performance of lithium-ion batteries
typically used in portable electronics such as cellular phones and
tablets, as well as in electric vehicles and industrial energy storage
Dr. Teresita Frianeza-Kullberg, a 30-year veteran of industrial lithium
chemistry who has contributed significantly to the success of lithium
giants Chemetall Foote Corp., FMC Corp. and Lithium Corp. of America,
has partnered with engineer Dan Blondal and Vancouver entrepreneur and
financier John Lando to bring her novel processing technology from the
lab bench to the manufacturing room floor. Dr. Kullberg, who is now
co-CEO and Chief Technology Officer of Perfect Lithium, has been
awarded over 25 patents for lithium materials and processes that
increase performance and cost efficiency.
"Dr. Kullberg has a reputation for valuable, commercially viable lithium
technologies," said Dr. Jon Hykawy, who has a professional interest in
the lithium markets as Head of Global Research, Clean Technologies and
Materials Analyst for Byron Capital Markets Ltd. in Toronto. "I
believe that there is a very good possibility of this going to market
and actually being adopted by manufacturers. This could disrupt the
global lithium supply chain."
Batteries are essentially limited by the capabilities of the energy
storing metals that go into them. Perfect Lithium has developed a cost
reducing method of producing these materials that store more energy for
all conceivable formulations of cathodes and anodes - the positive and
negative terminals of a battery that carries ions between the two
electrodes through the electrolyte.
"Most other battery researchers are working on new chemical
formulations" added Dr. Hykawy. "Perfect Lithium is improving the
underlying preparation methods for all formulations of cathodes and
The traditional solid state synthesis method used to produce battery
electrode materials typically involves incremental steps of crushing,
grinding, milling, blending and heating lithium and other metals into
fine powders, which can take four to five days. Perfect Lithium's
chemical synthetic method of blending and preparing lithium-ion
materials uses standard equipment found in the chemical, food,
pharmaceutical and cosmetic industries, lending itself to continuous
flow production and cutting processing production times down to as
little as one day. Perfect Lithium's process also leads to a unique
nano-structure in the material that enables electrolytes to penetrate
deep into the material and amplify capacity, energy density and the
flow of ions.
At Perfect Lithium's research facility in Charlotte, North Carolina, the
Company is already confident in its scalable approach. Perfect Lithium
has produced kilogram sized batches of cathode powders that measure 15
to 30 per cent higher energy densities than commercial grade materials.
The faster process could potentially cut manufacturing costs in half.
Additional testing in 2012 is expected to yield further gains in energy
density as well as processing cost reductions.
"The Perfect Lithium team has identified a sweet spot in the lithium
space where incumbent processing methods leave a large opportunity on
the table," said Dan Blondal, Co-CEO of Perfect Lithium Corp. "The
Company's objective is to establish its technology as the de facto
manufacturing standard for making all lithium-ion cathode materials.
We believe that our technology can realistically reduce the cost per
kilowatt hour by 20 to 40 per cent for existing and emerging
lithium-ion cathode material formulations."
In lithium-ion batteries, the cathode is the most expensive active
component comprising 23 per cent of the cost of battery cells and 11
per cent of typical electric vehicle batteries, according to a research
report by Deutsche Bank. A recent Yano Research Institute report
projected that the global lithium ion battery market could reach $37
billion by 2015 and the cathode market alone could reach $6.5 billion.
About Perfect Lithium Corp.
Perfect Lithium Corp. is a Vancouver-based company dedicated to
producing the highest performance lithium-ion materials using novel and
cost-effective methods that are scalable for manufacturing. The
Company is developing and commercializing a patented chemical synthetic
process for producing lithium-ion cathode materials that significantly
reduces the cost of processing and enables the use of lower grade raw
materials while producing industrial scale, high performance
nano-structured particles for all cathode formulations. Perfect Lithium
was founded by Dr. Teresita Frianeza-Kullberg, John Lando and Dan
Blondal in 2011. Headquarters are located in Vancouver, Canada and
laboratory facilities are located in Charlotte, North Carolina.
Image with caption: "Dr. Teresita Frianeza-Kullberg, Co-CEO and Chief Technology Officer of Perfect Lithium Corp., displays the product of their innovative process, a nano-structured lithium-ion cathode material that improves the performance of lithium-ion batteries. (CNW Group/Perfect Lithium Corp.)". Image available at: http://photos.newswire.ca/images/download/20120926_C9727_PHOTO_EN_18521.jpg
SOURCE: Perfect Lithium Corp.
For further information:
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Office: 604-685-4742 ext. 2