Sign up Australia
Proactive Investors - Run By Investors For Investors

Lithium Australia NL commences next phase of funded study

The company owns the Sileach™ lithium extraction process.
Lithium Australia NL commences next phase of funded study
MRIWA Project M479 receives funding from the state government

Lithium Australia NL (ASX:LIT) has commenced Phase 2 test work of the “Solution purification and valuable byproducts formation during the production of battery-grade lithium” project.

The project, known as MRIWA Project M479 is with Venus Metals (ASX:VMC) and funded with research grants from the Western Australian state government.

The program commenced in late 2016 where Phase 1 focused on fundamental controls of Sileach™ process chemistry.

Sileach™ is a lithium extraction process owned by Lithium Australia.

The second phase will focus on optimisation and alternatives to add further value to the process.

Furthermore, process optimisation studies, sole funded by Lithium Australia, continue outside the scope of the project.

Where appropriate, results from these external research modules will be incorporated into future plant design.

Adrian Griffin, managing director, commented:

"Lithium Australia is proud to be at the forefront of global innovation and pleased to be sponsored by both the state government of Western Australia and the Australian federal government.

"Processing technology of this type has been sadly neglected in the lithium industry and at Lithium Australia we see the development of such technologies being of national importance – something that will establish Australia as the focus of the energy revolution."

View full LIT profile View Profile

Lithium Australia NL Timeline

Related Articles

Royal Road Minerals' Nicaraguan ambitions starting to take shape
September 07 2017
Caza, which it has now bought, controlled land in the highly prospective but undeveloped gold belts of Nicaragua
September 30 2017
The firm owns 45% of the property, while joint venture partner Agnico Eagle has the rest (55%).
Silver City Minerals' Chris Torrey with investors at Proactive's CEO Sessions
October 06 2017
Chris Torrey discussed the company at Proactive's CEO Sessions.

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use