Lithium Australia/VSPC have entered into an agreement with DLG Battery, a major Chinese battery manufacturer, to: ▪ commercialise VSPC cathode powders in China, and ▪ develop a battery distribution business in Australia. Significant progress has been made towards implementing the Company's plans with respect to DLG. In particular, formal business plans – including objectives, goals and budgets – have now been completed. DLG and Lithium Australia will meet in Perth in July to further develop the corporate structure required to implement these plans.
So meeting and announcement due in next 3 days.
Still only a registered Business Name so they better get their skates on with the JV Corporate Structure unless it is going to be an "unincorporated" Joint Venture.
Anyway staff announcments and marketing of DLG batterries we purchased start real soon.
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(20min delay)