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Cobalt discovery gives Lithium Australia 'another string to our bow'

Published: 16:26 01 Jun 2018 AEST

Lithium Australia NL (ASX:LIT) managing director Adrian Griffin speaks to Proactive Investors about the integrated battery metal producer’s recent surprise discovery of cobalt at the Eichigt project, near its flagship resource at Sadisdorf in Saxony, Germany.

“The style of mineralisation is quite interesting in that copper, cobalt, manganese and lithium doesn't occur together in many mineral occurrences… we are of course on the doorstep of the EV industry in Europe, and that EV industry will have a requirement for a lot of cobalt over the next few decades, I would imagine, and beyond. So this gives us a very good exploration target to service those markets,” says Griffin.

Lithium Australia with Proactive at ASX Small and Mid Cap Conference

Lithium Australia Ltd (ASX:LIT, OTC:LMMFF) CEO and managing director Simon Linge chats with Proactive's Jonathan Jackson live from the ASX Small and Mid Cap Conference. LIT is at the forefront of advanced materials development to ensure an ethical and sustainable future for the global battery...

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