Ann: Half Year Accounts, page-3

SPC: Advanced cathode powders
With over 20 years’ experience, VSPC develops leading-edge cathode materials for next-generation lithium-ion
batteries. Our high-quality, high-performance, and globally cost-competitive LFP cathode powder already
features in e-mobility and energy storage applications. Going forward, it will continue to enable safer, cheaper,
and more environmentally-friendly transport and energy storage options to come to market as we move
towards a zero-carbon economy

I and others have used the term 'Smoke and Mirrors' frequently when dissecting announcements from LIT.
this paragraph from the half yearly accounts shows what the term means.

When reading this , the insinuation is that VSPC is a producer of cathode powder used by certain sections of the industry.
(blatant BS , to my mind)

Fact is,........ LIT acquired the original VSPC and their Patent for cathode powder, after they folded for a few LIT shares.
Since then ( over the last 3 years) they may have produced a bit of powder (for samples) but have been unable to get
any battery manufacturer interested.

DYOR is needed with LIT or any other ASX:company the directors are associated with.