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Lithium Australia 'closing the loop' on producing cathode powder from waste materials

Lithium Australia NL (ASX:LIT) managing director Adrian Griffin explains the company's innovative and integrated approach to producing the in-demand battery metal, which includes proprietary technologies for tailings processing and battery recycling.

"We believe we can process waste material from other people's operations, and those operations aren't just lithium operations; there's a lot of lithium minerals contained in deposits such as tin, tantalum, and clay minerals... we've taken positions in most of the major lithium provinces around the world so that if we do a deal to recover lithium from other people's waste materials, and there's a supply chain problem with respect to that, we can then go and mine our own deposits," says Griffin.

Quick facts: Lithium Australia NL

Price: 0.13 AUD

ASX:LIT
Market: ASX
Market Cap: $116.63 m
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Lithium Australia's Envirostream boosting capacity for its battery recycling

Andrew Mackenzie, managing director of Lithium Australia NL (ASX:LIT) (OTCMKTS:LMMFF) (FRA:3MW) subsidiary Envirostream, discusses with Proactive's Andrew Scott the national stewardship scheme for managing end of life batteries and the potential impact it will have on the business as well as...

1 week ago

2 min read