Friday 15 April 2011

Phostech Lithium Inc. appeals LiFePO4 Carbothermal Reduction Decision

Further to the news below regarding the LiFePO4 carbothermal reduction litigation case involving Valence Technology Inc. and Phostech Lithium Inc., Phostech has decided to appeal the decision.

The latest Phostech press release may be found here:

Phostech Press Release

Based on this appeal, Phostech has resumed the production and sale of its P1 grade LiFePO4 material.

Jerry