Lithium Australia NL (ASX:LIT)

Lithium Australia NL (ASX:LIT)


Share Price
$ 0.10
Change
0.001 (1.04 %)
Market Cap
$45.00 m
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Lithium Australia NL

Lithium Australia NL (ASX:LIT) is listed on the Australian Securities Exchange.

EPIC: LIT
Market: ASX:LIT
52-week High/Low: A$0.220 / A$0.090
Sector: Mining
Market Cap: A$45.00M
Website: www.lithium-au.com
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Big picture - Why invest in Lithium Australia NL


Lithium Australia NL Snapshot

Lithium Australia NL believes disruptive lithium chemical production will power the energy revolution that’s transforming the world as we know it.

To that end, the Company has developed SiLeach®, an exclusive technology that can process all lithium silicates into battery-grade materials without the need for ‘roasting’.

This advance on traditional processing methods is a world first.

North America

Electra joint venture – Sonora, Mexico

Summary

The Electra project consists of three strategically located exploration properties in Sonora, Mexico held by Canadian-based Infinite Lithium Corporation (‘Infinite’). Formerly Alix Resources Corporation, Infinite announced that, effective as of 6 December 2017, it had changed its name to better reflect its focused business strategy. Lithium Australia NL (‘LIT’) has the right to earn up to a 65% interest in the project and currently holds a majority interest of 54%.

(click here for more information on this project)


MetalsTech alliance – Quebec, Canada

Summary

MetalsTech Ltd (‘MTC’), an Australian headquartered, Canadian focused explorer, listed on the Australian Securities Exchange in February 2017. Lithium Australia NL (‘LIT’) has formed a partnership with MTC that provides it with significant equity and technological leverage across six highly prospective hard-rock lithium projects in Quebec. Additionally, potential exists for a lucrative licensing structure for LIT’s disruptive lithium-processing technologies.

(click here for more information on this project)


Europe

Sadisdorf joint venture – Saxony, Germany

Summary

In February 2017, Lithium Australia NL (‘LIT’) announced it had entered into a binding memorandum of understanding (‘MoU’) to form a joint venture (‘JV’) with Tin International AG (a subsidiary of German-listed Deutsche Rohstoff AG). The JV will include the Sadisdorf tin deposit (see Figure 1) in Saxony, Germany as a key asset.

(click here for more information on this project)

(click here for projects in Australia)

 

Last updated 6th July 2018

Mr Adrian Griffin
Managing director

Having spent some 35 years in mining, Mr Griffin’s expertise ranges from project identification, development and financing to overseeing the operation of integrated mining and processing facilities. His substantial international experience includes diamond exploration and production and being a founder and technical director of Ferrum Crescent, an iron-ore developer in South Africa.

Mr Griffin was also a founding director of Northern Uranium and Potash West (developer of the KMax process to recover potassium and other metals from glauconite) and is a non-executive director of Reedy Lagoon Corporation. Recently, he was instrumental in identifying the global opportunity to establish lithium micas as a source feed for the lithium chemical industry.


Mr Bryan Dixon
Non-executive director

Mr Dixon boasts substantial experience in the mining sector and the management of public and listed companies. He previously held positions with KPMG, Resolute Samantha Limited, Société Générale and Archipelago Resources Plc. Mr Dixon also holds non-executive director roles with Hodges Resources Limited and Blackham Resources Limited. A chartered accountant, his project development, project acquisition, financing and corporate skills further benefit the Company.


Mr George Bauk
Non-executive chairman

Mr Bauk’s 25+ years of mining industry experience includes particular expertise in critical metals. Skilled in strategic management, business planning, the establishment of high-performing teams and capital-raising, he has held senior operational and corporate positions with WMC Resources and Arafura Resources and was managing director of Indigo Resources (formerly Western Metals).

Since 2010 Mr Bauk has been managing director and CEO of Northern Minerals, overseeing that company’s heavy rare earth project in northern Australia. This included organising a successful greenfields exploration programme, obtaining government approvals for production and co-existence agreements with traditional owners, initiating a definitive feasibility study and establishing off-take agreements with international suppliers, as well as substantial fund-raising, all of which has provided him with valuable exposure to critical metals markets – experience now directly applicable to advancing the activities of Lithium Australia.


Mr Barry Woodhouse
Company Secretary & Chief Financial Office

Mr Woodhouse has been involved in the manufacturing, mining services, exploration, mining, production (gold, oil and gas, iron ore, bauxite, lithium, copper, uranium and manganese) and information technology industries as Chairman, Director, CFO, financial controller and / or company secretary with a number of listed and private entities for a period of over 25 years.

He has had exposure to a number of jurisdictions including USA, Indonesia, China, Vietnam, Europe and India. Such involvement has occurred in periods where companies are establishing or re-defining their investment strategy.



Last updated 6th July 2018.

Level 1, 675 Murray Street
West Perth 6005
Western Australia

PO Box 1088
West Perth 6872
Western Australia

Phone: +61 (0) 8 6145 0288
Fax: +61 (0) 8 9475 0847
Email: [email protected]
Web: lithium-au.com

Directors/senior management
Mr George Bauk (Non-executive Chairman)
Mr Adrian Griffin (Managing Director)
Mr Bryan Dixon (Non-executive Director)
Mr Barry Woodhouse (CFO)

Company Secretary
Mr Barry Woodhouse

ACN
126 129 413

Stock exchange listing
Shares in Lithium Australia NL are quoted on the Australian
Securities Exchange (ASX) under the trading code LIT.

Registered office
Suite 3, 23 Belgravia Street
Belmont WA 6104
Australia

PO Box 588
Belmont WA 6984
Australia

Phone +61 (0) 8 6145 0288
Fax +61 (0) 8 9475 0847
[email protected]
lithium-au.com

Share registry
Advanced Share Registry Services Limited
150 Stirling Highway
Nedlands WA 6009
Australia

PO Box 1156
Nedlands WA 6909
Australia

Phone +61 (0) 8 9389 8033
Fax +61 (0) 8 9389 7871
[email protected]
advancedshare.com.au

Auditors
Bentleys
Level 1, 12 Kings Park Road
West Perth WA 6005
Australia

Phone +61 (0) 8 9226 4500
Fax +61 (0) 8 9226 4300

Legal advisors
Cardinals
Lawyers and Consultants
60 Havelock Street
West Perth WA 6005

PO Box 1957
West Perth WA 6872

Office: +61 8 9213 3000
Fax: +61 8 9481 7479
Mobile : +61 (0) 401 023 164



Last updated 6th July 2018

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