Yah, I did consider that some time ago. But after looking at the pictures of the lipo sack I realized even it could burn through. I don't plan on buying asbestos so fiberglass or canvas welding blanket should provide an adequate protection. If placed over charging batteries with an air gap I expect it would do a lot to contain sparks and flying debris. If you put the blanket in a fire, even a wood fire, it would be done for, but for a brief contact with a burning battery, well, it would help give me piece of mind.
I may have to build a little frame house for my charger with this, right now I just throw a scrap over the top.