Proactiveinvestors Australia Lithium Australia NL https://www.proactiveinvestors.com.au Proactiveinvestors Australia Lithium Australia NL RSS feed en Sat, 20 Jul 2019 11:11:18 +1000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Lithium Australia hits lithium intervals in 36 of 37 holes at Youanmi ]]> https://www.proactiveinvestors.com.au/companies/news/224016/lithium-australia-hits-lithium-intervals-in-36-of-37-holes-at-youanmi-224016.html Lithium Australia NL (ASX:LIT) has intersected lithium mineralised intervals in 36 out of 37 holes drilled to date at the Youanmi project area in central Western Australia.

The first pass reverse circulation (RC) drilling is targeting lithium, caesium, tantalum (LCT) pegmatites within the project area with assay results expected by the end of this month.

It is testing down-dip extensions of outcropping lithium-bearing pegmatites where rock-chip samples yielding up to 4.2% lithium oxide had been identified.

READ: Lithium Australia continues to close the loop on the battery metals economy

Managing director Adrian Griffin said: “Our RC program continues to intersect good widths of lithium mineralisation in pegmatites at Youanmi.

“The lithium is hosted in lepidolite which is ideally suited for processing using our proprietary SiLeach® process.”

Up until July 15, 37 RC holes had been drilled for 1,579 metres on the 3-kilometre by 200-metre lithium target with lepidolite mineralisation hosted in pegmatites observed in all but one hole.

Nineteen of the holes have included mineralised intersections greater than 5 metres with the longest downhole intercept being 9 metres.

READ: Lithium Australia appoints global resources specialist as it steps up battery materials push

Lepidolite is a lithium mica from which lithium and valuable by-products can be recovered using LIT’s 100%-owned SiLeach® process.

Pegmatite intersections have been reported on drill lines where there was no surface outcrop and all pegmatites intersected so far are dipping at shallow angles of up to 40 degrees towards the east.

Griffin added: “This first pass drill program is testing a lithium target with a strike of around 3 kilometres and I am eagerly awaiting the first batch of assay results before the end of the month.”

Resource potential to be assessed

Drilling activities at the Youanmi project area are expected to be completed within 14 days.

The company will use information from the drilling to assess the resource potential and geometry of the pegmatites.

Mineralisation characterisation and metallurgical testing will be performed on RC samples recovered from the program.

READ: Lithium Australia rights issue raises $2.747 million for integrated lithium strategy

LIT has an option to acquire full rights and title to three exploration licences at Youanmi which contain the pegmatites and also vanadium mineralisation in a nearby layered mafic complex.

Vanadium exploration

Much of this complex is weathered, resulting in vanadium-bearing minerals that are acid soluble, which means roasting is not required to recover the vanadium.

In May 2019 a JORC-compliant inferred resource of 185 million tonnes at 0.33% vanadium pentoxide was declared.

Four RC holes for 252 metres were drilled into the complex at the start of the current program with assays sent for chemical analysis in Perth and for metallurgical testing at ANSTO’s facility in Sydney.

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Wed, 17 Jul 2019 09:35:00 +1000 https://www.proactiveinvestors.com.au/companies/news/224016/lithium-australia-hits-lithium-intervals-in-36-of-37-holes-at-youanmi-224016.html
<![CDATA[News - Lithium Australia appoints global resources specialist as it steps up battery materials push ]]> https://www.proactiveinvestors.com.au/companies/news/223870/lithium-australia-appoints-global-resources-specialist-as-it-steps-up-battery-materials-push-223870.html Lithium Australia NL (ASX:LIT) has appointed resources industry specialist Mark Strizek as manager of Raw Materials to enhance its integrated battery materials strategy.

Strizek has a background of more than 20 years in the resources industry and brings a wealth of experience in technology metals to the company.

This is specifically in whole of cycle; exploration, resource development, feasibility, finance and development-ready assets in Australia, Africa and Europe.

READ: Lithium Australia continues to close the loop on the battery metals economy

In the new role, Strizek will be responsible for the company’s global exploration portfolio, identification of new resource opportunities and sourcing raw material inputs for the development of future Sileach® and LieNA® operations.

Sileach is a proprietary acid digestion process for the extraction of lithium and valuable by-products from lithium micas.

Those micas are commonly associated with tin and tantalum and are often waste products from the production of spodumene concentrate.

READ: Lithium Australia to follow-up previous discovery at Youanmi

LieNA is a proprietary alkaline digestion process for the recovery of lithium from fine spodumene.

The application of LieNA provides the potential to improve resource utilisation and sustainability of the battery industry.

LIT has amassed a portfolio of projects and alliances and developed innovative extraction processes to convert all lithium silicates (including mine waste) to lithium chemicals.

From these chemicals, the company plans to produce advanced components for the lithium-ion battery industry.

The final step for Lithium Australia involves the recycling of spent batteries and e-waste.

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Mon, 15 Jul 2019 16:10:00 +1000 https://www.proactiveinvestors.com.au/companies/news/223870/lithium-australia-appoints-global-resources-specialist-as-it-steps-up-battery-materials-push-223870.html
<![CDATA[News - Lithium Australia continues to close the loop on the battery metals economy ]]> https://www.proactiveinvestors.com.au/companies/news/223779/lithium-australia-continues-to-close-the-loop-on-the-battery-metals-economy-223779.html Lithium Australia NL (ASX:LIT) continues to advance its four business segments of raw materials, lithium chemicals, batteries and cathode materials, and recycling.

On the raw materials front, LIT is focused on resource drilling at its Youanmi Project area in Western Australia which hosts lithium and vanadium.

Lithium drilling targeting extensions has completed 22 holes for 882 metres with most holes displaying visible lithium mineralisation.

Notably, the mineralisation is in the form of lepidolite, which can be processed using the company's proprietary SiLeach® processing technology.

A maiden vanadium resource was released at Youanmi during May 2019 of 185 million tonnes grading 0.33% vanadium pentoxide and samples are now undergoing metallurgy testwork.

READ: Lithium Australia to follow-up drill previous discovery at Youanmi

In the lithium chemicals business, LIT has developed a number of extraction processes allowing the production of cathode powders directly from lithium phosphate, without the requirement of an intermediate lithium hydroxide or carbonate.

Given the value of lithium hydroxide, LIT has also been investigating the conversion of lithium phosphate directly to lithium hydroxide with test work now initiated at ANSTO.

LIT also has its SiLeach® and LieNA® processing technologies.

VSPC focused on producing lithium ion battery cathode powders

LIT’s company VSPC Ltd is focused on using the lithium phosphate chemicals to produce saleable lithium-ion battery related products.

READ: Lithium Australia to set up Lithium Australia DLG venture with Chinese battery producer DLG

LIT entered into an agreement with major Chinese battery manufacturer DLG Battery to commercialise VSPC cathode powders in China, and develop a battery distribution business in Australia.

READ: Lithium Australia boosts stake in battery recycler Envirostream

Finally, in the recycling business, LIT is advancing its test work to recover battery metals from used lithium-ion batteries.

A flow sheet for the recycling process is being finalised and design of the pilot plan has commenced.

Furthermore, LIT recently increased its stake in Melbourne-based lithium-ion battery recycler Envirostream Australia Pty Ltd.

READ: Lithium Australia rights issue raises $2.747 million for integrated lithium strategy

LIT’s managing director Adrian Griffin said: “The activities being undertaken by the company place us in a unique position to provide sustainable solutions to the battery industry and the components that supply that industry.

“We are passionate about improving the utilisation of resources and reducing negative impacts on the environment as we do so."

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Fri, 12 Jul 2019 09:02:00 +1000 https://www.proactiveinvestors.com.au/companies/news/223779/lithium-australia-continues-to-close-the-loop-on-the-battery-metals-economy-223779.html
<![CDATA[News - Lithium Australia rights issue raises $2.747 million for integrated lithium strategy ]]> https://www.proactiveinvestors.com.au/companies/news/223247/lithium-australia-rights-issue-raises-2747-million-for-integrated-lithium-strategy-223247.html Lithium Australia NL (ASX:LIT) will use $2.747 million raised in a rights issue to progress its integrated lithium strategy which encompasses lithium raw materials, chemicals, batteries and battery recycling.

The one for six rights issue closed on June 28, 2019, and applications have been received for more than 45.792 million shares from shareholders and new investors.

LIT is pleased with the outcome and has thanked shareholders for their support in difficult market conditions.

One free option for every two new shares

With every two new shares, investors receive one free listed option with exercise price of 12 cents and term of two years.

The rights issue provided eligible shareholders an opportunity to take up new shares proportional to their shareholding or partly paid shareholding and avoid dilution.

It has been partially underwritten to $1.5 million by CPS Capital Group Pty Ltd.

READ: Lithium Australia identifies lithium pegmatites at Kangaroo Island project

Funds raised will be used for:

Lithium raw materials including exploration on Youanmi and Medcalf; Lithium chemicals including development of SiLeach® LieNA® and L-Max®; Lithium batteries including VSPC pilot plant operations and DLG alliance; and Lithium battery recycling including the Envirostream transaction. READ: Lithium Australia to follow-up drill previous discovery at Youanmi

The company plans to begin drilling shortly for lithium and vanadium at its Youanmi project area in Western Australia.

Fieldwork earlier this year discovered extensive mineralisation with rock-chips grading 4.2% lithium oxide and anomalous caesium and tantalum values.

Up to 3,000 metres is planned to be drilled to evaluate the potential for an economic hard-rock lithium deposit.

At the same time, a drilling program will also be undertaken within the defined vanadium resource to further evaluate the high-grade sections.

READ: Lithium Australia boosts stake in battery recycler Envirostream

LIT has recently increased its stake in battery recycler Envirostream Australia Pty Ltd to 11.76% through a further equity subscription of $100,000.

Victorian-based Envirostream operates Australia’s only battery recycling facility.

The lithium-ion battery shredding facility produces powder containing critical metals that are exported for refining.

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Wed, 03 Jul 2019 15:04:00 +1000 https://www.proactiveinvestors.com.au/companies/news/223247/lithium-australia-rights-issue-raises-2747-million-for-integrated-lithium-strategy-223247.html
<![CDATA[News - Lithium Australia to follow-up drill previous discovery at Youanmi ]]> https://www.proactiveinvestors.com.au/companies/news/222708/lithium-australia-to-follow-up-drill-previous-discovery-at-youanmi-222708.html Lithium Australia NL (ASX:LIT) plans to be drilling for lithium and vanadium at its Youanmi Project area in Western Australia before the month’s end.

In February 2019, fieldwork discovered extensive mineralisation with rock-chips grading 4.2% lithium oxide and anomalous caesium and tantalum values.

LIT proceed to define a significant vanadium resource using hisortical drilling results and survey assessment.

Up to 3,000 metres is planned to be drilled to evaluate the potential for an economic hard-rock lithium deposit.

At the same time, a drilling program will also be undertaken within the defined vanadium resource to further evaluate the high-grade sections.

Adrian Griffin buys rights on-market

LIT’s managing director Adrian Griffin said: “Despite the rich mineral endowment of the Youanmi province, lithium and vanadium have largely gone unnoticed.

“The vanadium resource established by Lithium Australia has shone a spotlight on the area, and we hope our l ithium drilling will do the same.”

Griffin yesterday also revealed that he purchased 192,347 rights in the company at 0.3 cents each.

The rights are related to the recent 1-for-6 renounceable rights issue priced at 6 cents to raise up to $6.5 million.

READ: Lithium Australia boosts stake in battery recycler Envirostream

LIT also recently increased its stake to 11.76% in Envirostream Australia Pty Ltd.

Back in early April 2019, LIT outlined its intention to acquire an 18.91% stake in Envirostream, a Victorian-based company operating Australia’s only battery recycling facility.

The lithium-ion battery shredding facility produces powder containing critical metals that are then exported for refining.

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Tue, 25 Jun 2019 09:48:00 +1000 https://www.proactiveinvestors.com.au/companies/news/222708/lithium-australia-to-follow-up-drill-previous-discovery-at-youanmi-222708.html
<![CDATA[News - Lithium Australia identifies lithium pegmatites at Kangaroo Island project ]]> https://www.proactiveinvestors.com.au/companies/news/222470/lithium-australia-identifies-lithium-pegmatites-at-kangaroo-island-project-222470.html Lithium Australia NL (ASX:LIT) has identified lithium and tantalum pegmatite dykes at Dudley prospect of the Kangaroo Island project in South Australia.

Despite strong weathering of outcrops and exposures in shallow historical tourmaline and tin-mine workings, host pegmatites reveal anomalous lithium, rubidium and tantalum.

The company considers this to be significant as lithium is very mobile and is usually leached from weathered rocks.

READ: Lithium Australia boosts stake in battery recycler Envirostream

Managing director Adrian Griffin said: “Early results from the Dudley prospect indicate good potential for a new LCT pegmatite field, and we look forward to extending our exploration coverage later in the year.”

Pegmatites cover greater than 5 kilometres strike, with individual dykes up to 80 metres thick at the prospect on the far east of Kangaroo Island.

Location of the company's Dudley and Vivonne lithium prospects.

Despite strong weathering, rock-chip samples from the prospect have return assays up to 0.43% Li2O, 770ppm tantalum, 460ppm niobium and 1,600ppm rubidium.

The tantalum values are highly significant because grades above 200ppm are considered to be economic.

Lithium minerals present include elbaite tourmaline, lithium micas and petalite.

READ: Lithium Australia launches rights issue to raise up to $6.5 million

LIT has collected 66 rock-chip samples from outcrops and another 35 samples from float material, with assays now been received for all samples.

Fieldwork and assays confirmed the presence of lithium pegmatites in the shallow, historical Dudley tourmaline mine workings, as well as in the broader surrounding prospect area.

The Dudley mine produced gem-quality elbaite (lithium tourmaline) from 1899 with kaolin also mined after 1906.

READ: Lithium Australia establishes 185 million tonne vanadium resource at Youanmi

Lithium is extremely soluble during weathering and highly anomalous results from very weathered samples are uncommon, which indicates the potential for high grades in the unweathered bedrock.

All data indicates that the Dudley prospect has potential to host a lithium deposit in a location not previously identified for its lithium potential.

In view of the results, LIT is planning a follow-up work program to begin in the fourth quarter of 2019.

This will include a geochemical soil-sampling program over the Dudley prospect and surrounding areas.

READ: Lithium Australia produces high-purity battery material using proprietary SiLeach process

Results will assist in locating additional LCT pegmatite dykes under cover and further determining the extent of lithium and tantalum mineralisation of the Dudley and broader area.

Detailed geological mapping is also required to investigate the nature of the two identified trends.

The company is also considering petrological examination and XRD analyses of rock samples.

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Thu, 20 Jun 2019 16:19:00 +1000 https://www.proactiveinvestors.com.au/companies/news/222470/lithium-australia-identifies-lithium-pegmatites-at-kangaroo-island-project-222470.html
<![CDATA[News - Lithium Australia boosts stake in battery recycler Envirostream ]]> https://www.proactiveinvestors.com.au/companies/news/222456/lithium-australia-boosts-stake-in-battery-recycler-envirostream-222456.html Lithium Australia NL (ASX:LIT) has made the further equity subscription of $100,000 increasing its stake to 11.76% in Envirostream Australia Pty Ltd.

Back in early April 2019, LIT outlined its intention to acquire an 18.9% stake in Envirostream, a Victorian-based company operating Australia’s only battery recycling facility.

The lithium-ion battery shredding facility produces powder containing critical metals that are then exported for refining.

READ: Lithium Australia launches rights issue to raise up to $6.5 million

LIT’s managing director Adrian Griffin said: “Processing of spent batteries improves the sustainability of energy storage systems and is an ethical source of critical raw materials that can be directed back into the battery industry.

“Together with Envirostream, we plan to lead the industry in environmental best practices and reduce the harm created by disposal of battery materials in landfill.

“We look forward to developing a strong partnership with Envirostream and encourage all consumers to dispose of their spent batteries responsibly.”

Relationship presents opportunities

Lithium Australia sees an opportunity to apply its hydrometallurgical flow sheet for processing powders in development to the powder produced by Envirostream.

This product could feed Lithium Australia’s Brisbane pilot plant, which produces cathode powders.

Funding from LIT to Envirostream will allow it to increase its capacity with respect to the recycling of lithium-ion batteries.

Envirostream will in due course provide LIT with spent cathode powder, which will be processed into raw materials for the battery industry and used to regenerate cathode powders using LIT’s cathode powder production
technology.

Government tailwinds, Australia only reprocesses 3% its batteries

Recycling such materials onshore could augment the federal government’s Critical Minerals Strategy, formally launched in March 2019.

That strategy, while strongly focused on raw materials and supply chains, acknowledges the impact of innovation in processing to recover not only primary metals but also a range of by-products.

Australia lags behind the rest of the world and recycles only 3% of batteries.

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Thu, 20 Jun 2019 11:01:00 +1000 https://www.proactiveinvestors.com.au/companies/news/222456/lithium-australia-boosts-stake-in-battery-recycler-envirostream-222456.html
<![CDATA[News - Lithium Australia launches rights issue to raise up to $6.5 million ]]> https://www.proactiveinvestors.com.au/companies/news/221837/lithium-australia-launches-rights-issue-to-raise-up-to-65-million-221837.html Lithium Australia NL (ASX:LIT) is raising up to $6.5 million via a renounceable rights issue offered on a 1 for 6 basis at 6 cents per share.

The offer includes one attaching listed option (exercise price of 12 cents and expiring 2 years) for every two new shares subscribed for under the rights Issue.

Importantly, the rights issue provides eligible shareholders an opportunity to take up new shares proportional to their shareholding or partly paid shareholding and avoid dilution.

The rights Issue is partially underwritten to $1.5 million by CPS Capital Group Pty Ltd.

Funds raised from the rights issue will be used for:

• Lithium raw materials including exploration on Youanmi and Medcalf

READ: Lithium Australia establishes 185 million tonne vanadium resource at Youanmi

• Lithium chemicals including development of SiLeach® LieNA® and L-Max®

READ: Lithium Australia produces high-purity battery material using proprietary SiLeach process

• Lithium batteries including VSPC pilot plant operations and DLG alliance
• Lithium battery re-cycling including Envirostream transaction

The company recently successfully generated lithium phosphate from waste materials using its 100% owned SiLeach® process.

Furthermore, LIT has, together with ANSTO, developed a simple means of removing impurities from the lithium phosphate resulting in an exceptionally high-purity refined product, suitable for the manufacture of lithium ion batteries (LIBs), and in particular, those with lithium iron phosphate (LFP) chemistry.

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Tue, 11 Jun 2019 13:51:00 +1000 https://www.proactiveinvestors.com.au/companies/news/221837/lithium-australia-launches-rights-issue-to-raise-up-to-65-million-221837.html
<![CDATA[News - Lithium Australia in trading halt ahead of capital raising and company update ]]> https://www.proactiveinvestors.com.au/companies/news/221690/lithium-australia-in-trading-halt-ahead-of-capital-raising-and-company-update-221690.html Lithium Australia NL (ASX:LIT) is in a trading halt pending capital raising news as well as a company update.

The halt will remain in place until Tuesday, June 11, 2019, or when an announcement is made to the market, whichever occurs earliest.

READ: Lithium Australia establishes 185 million tonne resource at Youanmi

Last month the company established a “significant” vanadium resource estimate for a portion of the Youanmi complex in Western Australia’s Mid-West.

The inferred resource had been estimated at 185 million tonnes at 0.33% vanadium oxide using a cut-off grade of 0.2% vanadium oxide.

It comprises oxide resources of 96 million tonnes at 0.34% vanadium oxide and fresh resources of 88 million tonnes at 0.33% vanadium oxide.

READ: Lithium Australia produces high-purity battery material using proprietary SiLeach process

The resource is within the E57/978 tenement held by Diversity Resources in which Lithium Australia has an option to purchase.

The company also has also recently generated lithium phosphate from waste materials using its 100%-owned SiLeach process.

Together with ANSTO, Lithium Australia developed a simpler means of removing impurities from lithium phosphate resulting in exceptionally high-purity refined product suitable for the manufacture of lithium-ion batteries (LIBS).

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Fri, 07 Jun 2019 12:22:00 +1000 https://www.proactiveinvestors.com.au/companies/news/221690/lithium-australia-in-trading-halt-ahead-of-capital-raising-and-company-update-221690.html
<![CDATA[News - Lithium Australia establishes 185 million tonne vanadium resource at Youanmi ]]> https://www.proactiveinvestors.com.au/companies/news/220735/lithium-australia-establishes-185-million-tonne-vanadium-resource-at-youanmi-220735.html Lithium Australia NL (ASX:LIT) has established a "significant" vanadium resource estimate for a portion of the Youanmi Complex in Western Australia's Mid-West region.

The inferred resource has been estimated at 185 million tonnes at 0.33% vanadium oxide using a cut-off grade of 0.2% vanadium oxide.

READ: Lithium Australia produces high-purity battery material using proprietary SiLeach process

It comprises oxide resources of 96 million tonnes at 0.34% vanadium oxide and fresh resources of 88 million tonnes at 0.33% vanadium oxide.

The resource is within the E57/978 tenement held by Diversity Resources over which Lithium Australia has an option to purchase.

Aeromagnetic image of part of the Youanmi complex, showing drill hole locations and mineral resource outline.

Oxidised mineralisation extends to between 20 metres and 50 metres with an average depth of 40 metres.

Shares have been up by as much as 5% today to an intra-day high of 9 cents.

The vanadium mineralisation continues to the east into Venus Metals Corporation Limited’s (ASX:VMC) vanadium project area, which has oxide resources of 134.73 million tonnes grading 0.34% vanadium oxide.

Venus Metals has reported that vanadium, together with associated nickel, cobalt, and copper, can be leached from the oxide material with sulphuric acid providing a low-capital avenue for the production of vanadium salts.

Vanadium strategy

Lithium Australia is heavily invested in the battery industry and has lithium assets around the globe complemented by a suite of proprietary technologies that enable material to transition from ore, concentrates or mine waste through to the production of lithium-ion batteries.

The company’s strategic alliances include the potential for lithium-ion battery production through a partnership with DLG, one of China’s largest battery producers.

While Lithium Australia does not consider vanadium a core part of its business, it has also taken prospective ground near the Coates vanadium deposit and is undertaking regional regolith sampling along the Darling Range.

The company will evaluate the potential to form partnerships that leverage its current position with respect to vanadium – its formation of strategic alliances has added significantly to its capacity in battery manufacturing and battery recycling fields.

READ: Lithium Australia identifies lepidolite-bearing pegmatites at Youanmi project

Lithium Australia will evaluate the metallurgical characteristics of the oxide mineralisation at Youanmi, initially focusing on the potential for direct leaching of the vanadium and associated base metals.

A drilling program is being planned to enable a reasonable quantity of oxide material to be recovered over the full depth of the oxidised profile.

Preliminary evaluation of the fresh material will able be undertaken and drilling of the nearby lithium pegmatites has the necessary statutory approval and should begin in the September quarter.

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Wed, 22 May 2019 11:27:00 +1000 https://www.proactiveinvestors.com.au/companies/news/220735/lithium-australia-establishes-185-million-tonne-vanadium-resource-at-youanmi-220735.html
<![CDATA[News - Lithium Australia produces high-purity battery material using proprietary SiLeach process ]]> https://www.proactiveinvestors.com.au/companies/news/220546/lithium-australia-produces-high-purity-battery-material-using-proprietary-sileach-process-220546.html Lithium Australia NL (ASX:LIT) has successfully generated lithium phosphate from waste materials using its 100% owned SiLeach® process.

Furthermore, LIT has, together with ANSTO, developed a simple means of removing impurities from the lithium phosphate resulting in an exceptionally high-purity refined product, suitable for the manufacture of lithium ion batteries (LIBs), and in particular, those with lithium iron phosphate (LFP) chemistry.

The company had earlier produced LFP batteries from unrefined, SiLeach generated lithium phosphate.

READ: Lithium Australia achieves significant lithium recovery from SiLeach pilot-plant

The lithium phosphate refining process was developed to ensure consistency of quality for the production of high performance LFP batteries.

The performance of batteries made from the refined lithium phosphate product has been tested at LIT’s wholly owned VSPC cathode powder pilot plant in Brisbane, Australia.

The refined lithium phosphate was used to manufacture cathode powder and subsequently LFP coin cells which were then subjected to a standard testing regime and the results compared with industry benchmarks and VSPC’s most advanced cathode powders.

 

Importantly, the results indicate the refined lithium phosphate is an ideal component for the manufacture of high-performance LFP cathode powders.

LIT is confident that LFP products produced using lithium phosphate, refined with the processed developed by LIT/ANSTO will have significant advantages when compared with those produced using a more conventional lithium carbonate, or lithium hydroxide precursor.

READ: Lithium Australia discovers lithium target at Lake Johnston

LIT managing director Adrian Griffin said: “The lithium phosphate refining process is cheap, effective and provides the means to produce high-purity materials with consistent quality.

“These properties are of paramount importance as we work with leading Chinese battery producer, DLG, to commercialize VSPC cathode powder.

READ: Lithium Australia to set up Lithium Australia DLG venture with Chinese battery producer DLG

“When compared with other lithium chemicals, high-purity lithium phosphate is a winner when it comes to producing LFP batteries, providing two of the fundamental components for the generation of the cathode while simultaneously eliminating the requirement for lithium carbonate or lithium hydroxide.

“This is a real winner.”

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Mon, 20 May 2019 11:21:00 +1000 https://www.proactiveinvestors.com.au/companies/news/220546/lithium-australia-produces-high-purity-battery-material-using-proprietary-sileach-process-220546.html
<![CDATA[News - Lithium Australia to set up Lithium Australia DLG venture with Chinese battery producer DLG ]]> https://www.proactiveinvestors.com.au/companies/news/219925/lithium-australia-to-set-up-lithium-australia-dlg-venture-with-chinese-battery-producer-dlg-219925.html Lithium Australia NL (ASX:LIT) has inked a letter of intent with Chinese battery producer DLG Battery Co Ltd (DLG) to form an equal-share joint venture to supply DLG’s batteries to the Australian market.

A venture would allow DLG lithium-ion batteries (LIBs), packs and modules to be sold in Australia.

The companies also plan to form a technology alliance to fast track commercialisation of Lithium Australia’s manufacturing subsidiary VSPC Ltd’s cathode powders in DLG batteries.

READ: Lithium Australia discovers lithium target at Lake Johnston

The companies’ proposed 50:50 joint venture for DLG LIB packs and module sales in Australia would be called Lithium Australia DLG.

Lithium Australia views the proposed JV and alliance relationship as a “major step” towards its commercial goal to be a major provider of battery materials and recycling solutions for the energy storage industry.

DLG is one of the 10 largest battery manufacturers in China and represents a compelling partner to align with in JV and technology collaborations.

The proposed JV partner has six development and manufacturing facilities in China and sales and support offices in the North American US market and Europe.

READ: Lithium Australia completes first stage of battery recycling investment

Lithium Australia managing director Adrian Griffin said: “Lithium Australia’s partnership with DLG will provide us with first-mover advantage in the supply of batteries designed specifically for Australian conditions and create a stable supply chain.

“That will provide equipment manufacturers with regular and reliable supplies of LIBs held as stock in Australia.”

Griffin highlighted the company’s wholly-owned subsidiary VSPC had developed cathode materials energy storage using LIBs and argued the partnership with leading battery producer DLG had “vindicate[d] the development efforts undertaken by the company to commercialise this opportunity.”

He said: “We look forward to developing a critical supply-chain solution with our internationally respected partner DLG.”

DEEP DIVE: Lithium Australia on a batteries journey

DLG develops and manufactures cylindrical LIB cells, packs and systems.

Its 50-product line outputs include lithium-iron-phosphate (LFP) and lithium-nickel-manganese-cobalt (NMC) battery cells, battery-management systems and pack technologies.

The products are used in consumer electronics, electric vehicles, energy storage systems and e-bikes by customers in each major world market.

READ: Lithium Australia commences pre-feasibility study on Sadisdorf

Lithium Australia has been working with DLG to test VSPC’s cathode powders from the subsidiary’s pilot plant in Brisbane, Australia.

DLG used the VSPC-made powders to manufacture commercial LFP cells in China.

A key output for the proposed joint venture is a business plan on how to serve emerging LIB demand from the Australian market.

The companies hope to ameliorate existing supply chain constraints for LIB batteries, packs and modules that enter the local market.

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Wed, 08 May 2019 20:50:00 +1000 https://www.proactiveinvestors.com.au/companies/news/219925/lithium-australia-to-set-up-lithium-australia-dlg-venture-with-chinese-battery-producer-dlg-219925.html
<![CDATA[News - Lithium Australia discovers lithium target at Lake Johnston ]]> https://www.proactiveinvestors.com.au/companies/news/218527/lithium-australia-discovers-lithium-target-at-lake-johnston-218527.html Lithium Australia NL (ASX:LIT) has identified lithium pegmatite swarms at the Medcalf Prospect within its Lake Johnston Project in Western Australia.

The area known as the Yilgarn Craton hosts a number of major lithium deposits such as Early Grey, Mt Marion and Mt Catlin.

Notably, the lithium pegmatites of the Yilgarn Craton are attracting investment from some of the world’s largest lithium companies.

The approval process for a reverse circulation (RC) drilling campaign is set to commence with drilling expected to begin in the December quarter of 2019.

READ: Lithium Australia on a batteries journey

Lithium Australia’s managing director Adrian Griffin said: “The nearby Earl Grey deposit shows the potential the area has to deliver major opportunities.

“Medcalf is no exception as there is a good probability of finding mineralization beyond that outlined in outcrop to date.

“Indeed, the high tenor of the soil anomalies strongly suggests there in more to come in the immediate vicinity.”

Rock chip samples collected in 2018 assayed up to 7.15% lithium oxide.

Exploration Target estimated

From the recently completed field work, it is possible to estimate a conceptual Exploration Target for the dyke swarm.

This Exploration Target is a target based upon the potential quantity and quality of mineralisation present and is in the range of 5-8 million tonnes grading 08-1.2% lithium oxide.

It is proposed to drill a fence of RC drill holes across the main outcropping area of spodumene-bearing pegmatites.

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Mon, 15 Apr 2019 09:58:00 +1000 https://www.proactiveinvestors.com.au/companies/news/218527/lithium-australia-discovers-lithium-target-at-lake-johnston-218527.html
<![CDATA[News - Lithium Australia completes first stage of battery recycling investment ]]> https://www.proactiveinvestors.com.au/companies/news/218524/lithium-australia-completes-first-stage-of-battery-recycling-investment-218524.html Lithum Australia NL (ASX:LIT) has completed the first part of its 18.9% acquisition of shares in Victorian-based battery recycler Envirostream Australia Pty Ltd.

Under the deal outlined earlier this month, Lithium Australia will acquire 560 shares (18.9%) across four tranches, for a total of $600,000 cash and scrip.

Tranche one, for 240 shares has now been issued and Adrian Griffin has been appointed as a director of Envirostream.

READ: Lithium Australia moves on battery recycling opportunity in Australia

Lithium Australia’s managing director Adrian Griffin said: “We are pleased to partner with Envirostream Australia, the country’s leader in recycling lithium-ion batteries.

“The alliance strengthens our resolve to create a 'circular’ economy by recovering metals from spent batteries, then rebirthing the battery components using our ground-breaking, patented cathode-powder production technology through VSPC LTD.

"Recovering and adding value to battery waste material is a great step forward for the environment, a positive move for Australia’s strategic minerals strategy and a great opportunity for Lithium Australia and its shareholders.”

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Mon, 15 Apr 2019 08:25:00 +1000 https://www.proactiveinvestors.com.au/companies/news/218524/lithium-australia-completes-first-stage-of-battery-recycling-investment-218524.html
<![CDATA[News - Lithium Australia moves on battery recycling opportunity in Australia ]]> https://www.proactiveinvestors.com.au/companies/news/217915/lithium-australia-moves-on-battery-recycling-opportunity-in-australia-217915.html Lithium Australia NL (ASX:LIT) is to acquire an 18.9% stake in Envirostream, a Victorian-based company operating Australia’s only battery recycling facility.

The lithium-ion battery shredding facility produces powder containing critical metals that are then exported for refining.

Lithium Australia sees an opportunity to apply its hydrometallurgical flow sheet for processing powders in development to the powder produced by Envirostream.

Furthermore, this product could potentially feed Lithium Australia’s Brisbane pilot plant, which produces cathode powders.

Lithium Australia expects to complete the design of its flow sheet for the hydrometallurgical recovery of metals from lithium-ion batteries later this year.

Government tailwinds, Australia only reprocesses 3% its batteries

Recycling such materials onshore could augment the federal government’s Critical Minerals Strategy, formally launched in March 2019.

That strategy, while strongly focused on raw materials and supply chains, acknowledges the impact of innovation in processing to recover not only primary metals but also a range of by-products.

READ: Lithium Australia commences pre-feasibility study on Sadisdorf

Lithium Australia’s managing director Adrian Griffin said: “Sustainable and ethical supply of critical materials is a global challenge.

“Maximizing the recycling of ALL battery metals, something rarely done effectively, is a target we have achieved in university-controlled testing.

“We have not limited ourselves to lithium ion batteries, but have included alkaline batteries with the aim of eliminating all such spent items from landfill.

“We are cognizant of the environmental implications of burying such “waste” and encourage all users of these products to join with us and recycle for the future benefit of the environment.

“And we have a message for OEMS as well – we have a plan, we have the ability and we have the solution to your long-awaited battery stewardship requirements.”

Battery collection is a barrier to entry

Australia’s failure to achieve adequate battery-recycling rates has been exacerbated by inadequate collection networks.

Envirostream, which has considerable experience in battery collection, will roll out its own collection strategy to deal with the rapidly increasing quantity of spent batteries nationally.

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Thu, 04 Apr 2019 11:22:00 +1100 https://www.proactiveinvestors.com.au/companies/news/217915/lithium-australia-moves-on-battery-recycling-opportunity-in-australia-217915.html
<![CDATA[News - Lithium Australia commences pre-feasibility study on Sadisdorf ]]> https://www.proactiveinvestors.com.au/companies/news/216887/lithium-australia-commences-pre-feasibility-study-on-sadisdorf-216887.html Lithium Australia NL (ASX:LIT) has launched its preliminary feasibility study (PFS) on the Sadisdorf lithium-tin deposit in Germany.

The study will evaluate the direct production of cathode powders, and lithium iron phosphate (LFP) in particular, from mica feed material.

This mica is usually considered waste from tin mining operations.

Cathode materials do not require cobalt or nickel

The LFP battery is a type of lithium-ion battery that notably does not contain cobalt or nickel in the cathode material, unlike other lithium-ion batteries.

The combination of domestic supply of materials, direct production of cathode powders, and local manufacture of LFP batteries provide valuable supply chain security.

Lithium Australia has a suite of technologies, all tested at pilot scale, to deliver high-performance LFP cathode materials from domestic sources into such markets, thereby improving energy security.

Pursuing similar opportunities in Australia and Mexico

Recently Lithium Australia initiated the Australian Battery Consortium, in order to pursue similar opportunities in Australia.

Lithium Australia also plans to monetise its control position in the Electra project in Mexico.

There, it holds ground both north and south of Bacanora Lithium’s giant Sonora lithium clay deposit and has identified significant mineralisation in that ground.

READ: Lithium Australia on a batteries journey

Lithium Australi's strategy is to close the loop on the energy-metal cycle.

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Thu, 21 Mar 2019 09:37:00 +1100 https://www.proactiveinvestors.com.au/companies/news/216887/lithium-australia-commences-pre-feasibility-study-on-sadisdorf-216887.html
<![CDATA[News - Lithium Australia on a batteries journey ]]> https://www.proactiveinvestors.com.au/companies/news/216242/lithium-australia--on-a-batteries-journey-216242.html Lithium Australia NL (ASX:LIT) specialises in disruptive extraction technology development and lithium portfolio acquisition. It is run by Adrian Griffin, a geologist and metallurgist with 42 years experience in the mining industry who has led and chaired companies over the past 33 years.

What does Lithium Australia own?

The key disruptive technology is the SiLeach process, with products produced from the process expected to have an influence the economic potential of the company’s Sadisdorf project in Germany.

Last week the company unveiled recent successes for the process after high-quality lithium-ion batteries were generated from mine waste at its SiLeach Gen-2 pilot plant, without using lithium hydroxide or carbonate.

The refining process will be integrated into its SiLeach Gen-3 pilot plant.

Lithium Australia has holdings in lithium provinces around the globe, including Western Australia, North America and a second project in Germany.

The company also wholly owns Brisbane cathode powder plant operator VSPC Ltd.

It hopes to “close the loop” on the energy-metal cycle by having business operations in all parts of the cycle.

Last week the company committed to investing further funds into its work to commercialise operations at the Sadisdorf Lithium-Tin Project in Saxony

Sadisdorf consists is about 20 kilometres south of the state capital of Dresden and €750,000 ($1.2 million) on exploration activity has already been spent at the project.

Lithium Australia can wholly acquire the project which is a joint venture withseller  Tin International AG.

The Sadisdorf sales contract also comes with a nearby exploration licence known as Hegelshöhe.

Lithium Australia has produced lithium from unconventional sources such as mine waste with its SiLeach metallurgical process route.

It hopes to produce price-competitive cathode powders for lithium-ion batteries in Europe.

Lithium Australia believes its successful test results from the SiLeach process warrant a further tip-in of funds and was to hold a technical workshop in Germany this month.

The company had $11 million cash at the end of the December quarter and expects $3.6 million of cash outflows in the March quarter.

It has budgeted $567,000 for exploration and evaluation and $1.9 million for development.

Inflection points

Further SiLeach metallurgical process route demonstrations of use on unconventional sources

Exploration successes in Germany and further afield to demonstrate resources held in unconventional sources or in ground

Uptake of the SiLeach process by competitors or the wider industry

Milestone achievements of company’s 100%-owned subsidiary, Brisbane cathode powder plant operator VSPC Ltd

Investor buy-in to Lithium Australia’s registry

Managing director Adrian Griffin confident of the potential at Sadisdorf

“Sadisdorf presents a significant opportunity to advance an unconventional lithium resource to the status of a strategic asset,” Lithium Australia Managing director Adrian Griffin said.

“The plan is to downstream-process via our proprietary VSPC technology to produce cathode materials for lithium-ion batteries.

“Lithium Australia is the first company in the world to produce lithium-ion batteries from the types of material available at Sadisdorf, and we look forward to advancing this operation to commercialisation.”

VSPC and Lithium Australia managing director Adrian Griffin will give an address titled “Lithium Australia’s journey through batteries” in Perth today at 2.40pm (11.40am local time) on day 1 of the March 12-13 Paydirt's Battery Minerals Conference. Tomorrow he will take part in a closing panel discussion at 3.20pm (12.20pm WST).

 

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Mon, 11 Mar 2019 22:45:00 +1100 https://www.proactiveinvestors.com.au/companies/news/216242/lithium-australia--on-a-batteries-journey-216242.html
<![CDATA[News - Lithium Australia’s mine waste to lithium ion battery strategy becoming a reality ]]> https://www.proactiveinvestors.com.au/companies/news/215755/lithium-australias-mine-waste-to-lithium-ion-battery-strategy-becoming-a-reality-215755.html Lithium Australia NL (ASX:LIT) has successfully created a very pure product that is suitable for the direct generation of lithium-iron-phosphate (LFP) powders for the production of lithium-ion batteries.

The pure product was made from a refined lithium phosphate generated by its SiLeach® Gen-2 pilot plant.

The company's production of lithium-ion batteries using lithium phosphate generated direct from mine waste was first revealed in November 2018.

READ: Lithium Australia achieves significant lithium recovery from SiLeach pilot-plant

Now, further refining of the lithium phosphate by way of a simple proprietary process has reduced the concentrations of impurities such as potassium, sodium and sulphur by orders of magnitude, providing scope to further improve battery performance.

The new lithium phosphate refining stage fits seamlessly into the company's SiLeach® process, developed to capitalise on the abundance of lithium micas.

Notably, the latest refining process paves the way for the production of very high-purity cathodes while bypassing the supply restrictions of lithium carbonates and hydroxides.

Refining process will be integrated into SiLeach® Gen-3 pilot plant

Lithium Australia’s managing director Adrian Griffin said: “Process efficiency is the key to cost reduction in the battery industry.

“We have hit the nail on the head by using waste material as feed, and by reducing the number of processing steps required to produce high-quality battery components.

“Collaborative development with our technology partner ANSTO Minerals continues to deliver outstanding results for the company.

“Our processing technologies also have great potential for the lithium brine industry, and we look forward to collaboration in that sector.”

READ: Lithium Australia progressing Sadisdorf lithium with SiLeach process

Lithium Australia aspires to 'close the loop' on the energy-metal cycle.

The company has a portfolio of projects and alliances and developed innovative extraction processes to convert all lithium silicates (including mine waste) to lithium chemicals.

Proactive most recently spoke to the company about the formation of an Australian Battery Consortium.

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Tue, 05 Mar 2019 10:23:00 +1100 https://www.proactiveinvestors.com.au/companies/news/215755/lithium-australias-mine-waste-to-lithium-ion-battery-strategy-becoming-a-reality-215755.html
<![CDATA[Media files - Lithium Australia's proprietary processes contributing to energy security internationally ]]> https://www.proactiveinvestors.com.au/companies/stocktube/12334/lithium-australia-s-proprietary-processes-contributing-to-energy-security-internationally-12334.html Mon, 25 Feb 2019 14:48:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/12334/lithium-australia-s-proprietary-processes-contributing-to-energy-security-internationally-12334.html <![CDATA[News - Lithium Australia’s LieNA spodumene-to-lithium conversion process advancing at ANSTO ]]> https://www.proactiveinvestors.com.au/companies/news/215000/lithium-australias-liena-spodumene-to-lithium-conversion-process-advancing-at-ansto-215000.html Lithium Australia NL (ASX:LIT) has highlighted the step change its wholly-owned LieNA process represents in spodumene refining as it improves resource utilisation and reagent regeneration potential.

The company confirmed today it believed LieNA research and development warranted further investment and it had begun the next stage of its evolution at an Australia's Nuclear Science and Technology Organisation (ANSTO) facility.

BIG PICTURE: Lithium Australia progressing Sadisdorf lithium with SiLeach process

Lithium Australia developed the LieNA process to overcome the shortfalls of conventional conversion processes that recover lithium from spodumene.

Picking up on comments made at the 121 Mining Investment in South Africa, shared with the market on February 4, the company highlighted the LieNA process replaced thermal spodumene conversion with caustic-soda conversion at a lower temperature.

The lithium is then selectively leached and recovered as tri-lithium phosphate.

 

Lithium Australia’s LieNA process removes the need to use sodium sulphate production, has a smaller environmental footprint and uses less energy.

It also improves resource utilisation because it can process fine spodumene concentrates.

Reagents used in the process can also be regenerated.

READ: Lithium Australia identifies lepidolite-bearing pegmatites at Youanmi project

Preliminary R&D work on the LieNA process at the ANSTO facility was supported by a conceptual engineering assessment of the applicability of the LieNA flow sheet to spodumene feed material.

Lithium Australia reported this morning: “The outcomes of this indicated that further development of the process was warranted.”

The next stage of efforts already begun at the ANSTO facility include final product synthesis, refining and the recycling of reagents.

The company wrote: “The aim of this work effort, which is scheduled to continue throughout 2019, is to confirm sufficient technical criteria to commit to a pilot plant program.”

VSPC and Lithium Australia managing director Adrian Griffin will give a cathcode production market outlook address Roskill’s Lithium Mine to Market Australia 2019 event From Lithium Processing to Battery Production at 11am tomorrow on the final day of the February 21-22 event at Parmelia Hilton Perth Hotel.

 

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Wed, 20 Feb 2019 20:00:00 +1100 https://www.proactiveinvestors.com.au/companies/news/215000/lithium-australias-liena-spodumene-to-lithium-conversion-process-advancing-at-ansto-215000.html
<![CDATA[News - Lithium Australia progressing Sadisdorf lithium with SiLeach process ]]> https://www.proactiveinvestors.com.au/companies/news/214916/lithium-australia-progressing-sadisdorf-lithium-with-sileach-process-214916.html Lithium Australia NL (ASX:LIT) specialises in disruptive extraction technology development and lithium portfolio acquisition. It is run by Adrian Griffin, a geologist and metallurgist with 42 years experience in the mining industry who has led and chaired companies over the past 33 years.

What does Lithium Australia own?

The key disruptive technology is the SiLeach process, with products produced from the process expected to have an influence the economic potential of the company’s Sadisdorf project in Germany.

Lithium Australia has holdings in lithium provinces around the globe, including Western Australia, North America and a second project in Germany.

The company also wholly owns Brisbane cathode powder plant operator VSPC Ltd.

It hopes to “close the loop” on the energy-metal cycle by having business operations in all parts of the cycle.

Last week the company committed to investing further funds into its work to commercialise operations at the Sadisdorf Lithium-Tin Project in Saxony

Sadisdorf consists is about 20 kilometres south of the state capital of Dresden and €750,000 ($1.2 million) on exploration activity has already been spent at the project.

Lithium Australia can wholly acquire the project which is a joint venture withseller  Tin International AG.

The Sadisdorf sales contract also comes with a nearby exploration licence known as Hegelshöhe.

Lithium Australia has produced lithium from unconventional sources such as mine waste with its SiLeach metallurgical process route.

It hopes to produce price-competitive cathode powders for lithium-ion batteries in Europe.

Lithium Australia believes its successful test results from the SiLeach process warrant a further tip-in of funds and will hold a technical workshop in Germany next month.

Lithium Australia had $11 million cash at the end of the December quarter and expects $3.6 million of cash outflows in the March quarter.

It has budgeted $567,000 for exploration and evaluation and $1.9 million for development.

Inflection points

Further SiLeach metallurgical process route demonstrations of use on unconventional sources

Exploration successes in Germany and further afield to demonstrate resources held in unconventional sources or in ground

Uptake of the SiLeach process by competitors or the wider industry

Milestone achievements of company’s 100%-owned subsidiary, Brisbane cathode powder plant operator VSPC Ltd

Investor buy-in to Lithium Australia’s registry

Managing director Adrian Griffin confident of the potential at Sadisdorf

“Sadisdorf presents a significant opportunity to advance an unconventional lithium resource to the status of a strategic asset,” Lithium Australia Managing director Adrian Griffin said last Thursday.

“The plan is to downstream-process via our proprietary VSPC technology to produce cathode materials for lithium-ion batteries.

“Lithium Australia is the first company in the world to produce lithium-ion batteries from the types of material available at Sadisdorf, and we look forward to advancing this operation to commercialisation.”

VSPC and Lithium Australia managing director Adrian Griffin will give a cathcode production market outlook address Roskill’s Lithium Mine to Market Australia 2019 event From Lithium Processing to Battery Production at 11am this Friday on the second day of the February 21-22 event at Parmelia Hilton Perth Hotel.

 

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Tue, 19 Feb 2019 19:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/214916/lithium-australia-progressing-sadisdorf-lithium-with-sileach-process-214916.html
<![CDATA[News - Lithium Australia identifies lepidolite-bearing pegmatites at Youanmi project ]]> https://www.proactiveinvestors.com.au/companies/news/214774/lithium-australia-identifies-lepidolite-bearing-pegmatites-at-youanmi-project-214774.html Lithium Australia NL’s (ASX:LIT) field reconnaissance and detailed mapping at the Youanmi project have confirmed the presence of lepidolite-bearing pegmatites at surface over a strike length of 2.5 kilometres.

The pegmatites occur as clusters, with individual pegmatite outcrops up to 400 metres long and 50 metres wide on surface.

Since much of the area surrounding the known pegmatite locations is covered by sheetwash, it is likely that the occurrence of lithium pegmatites is far more extensive than the few outcrops currently mapped.

Mapped Youanmi pegmatites

Lithium Australia managing director Adrian Griffin said: “The widespread occurrence of lepidolite in a location of outstanding infrastructure augurs well for the future of the Youanmi project.

“Anomalous caesium may also be indicative of further potential this pegmatite suite may have, caesium being in short supply globally, and resource inventories at historically low levels.

“We are planning on drilling both the lithium and vanadium occurrences in the near future.”

READ: Lithium Australia completes aerial survey at Youanmi

Information acquired during Lithium Australia's recently completed high-resolution aerial geophysical survey will be used, in conjunction with the detailed mapping and previous geochemical results, to define drill targets for lithium mineralisation.

 

Lithium Australia has committed to further investing funds into its work of commercialising operations at the Sadisdorf Lithium-Tin Project in Germany and ultimately producing cathode powders for lithium-ion batteries in Europe.

This commitment comes after the company has produced lithium from unconventional sources, including mine waste, using its SiLeach® metallurgical process route.

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Mon, 18 Feb 2019 16:40:00 +1100 https://www.proactiveinvestors.com.au/companies/news/214774/lithium-australia-identifies-lepidolite-bearing-pegmatites-at-youanmi-project-214774.html
<![CDATA[Media files - Lithium Australia progressing German Sadisdorf project at strategically opportune time ]]> https://www.proactiveinvestors.com.au/companies/stocktube/12243/lithium-australia-progressing-german-sadisdorf-project-at-strategically-opportune-time-12243.html Fri, 15 Feb 2019 15:34:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/12243/lithium-australia-progressing-german-sadisdorf-project-at-strategically-opportune-time-12243.html <![CDATA[News - Lithium Australia commits to advancing unique European battery metals strategy ]]> https://www.proactiveinvestors.com.au/companies/news/214607/lithium-australia-commits-to-advancing-unique-european-battery-metals-strategy-214607.html Lithium Australia NL (ASX:LIT) has committed to further investing funds into its work of commercialising operations at the Sadisdorf Lithium-Tin Project in Germany and ultimately producing cathode powders for lithium-ion batteries in Europe.

This commitment comes after the company has produced lithium from unconventional sources, including mine waste, using its SiLeach® metallurgical process route.

The company believes the test results warrant further investment of funds, with a preliminary feasibility study approved for implementation.

READ: Lithium Australia generates lithium-iron-phosphate from waste mica in world-first breakthrough

Formal study planning activities will begin next month with a technical workshop in Germany.

Attending will be participants from Lithium Australia, its subsidiaries Trilithium Erzgebirge GmbH and VSPC, and CSA Global.

Managing director Adrian Griffin said: “Sadisdorf presents a significant opportunity to advance an unconventional lithium resource to the status of a strategic asset.

“The plan is to downstream-process via our proprietary VSPC technology to produce cathode materials for lithium-ion batteries.

“This has the potential to provide energy security within the European renewables sector.

“Lithium Australia is the first company in the world to produce lithium-ion batteries from the types of material available at Sadisdorf, and we look forward to advancing this operation to commercialisation.”

The company’s use of mine waste to produce lithium-ion batteries formed the basis of a recently completed processing evaluation for the Sadisdorf project in Saxony, near the Czech Republic border.

Location of Sadisdorf project in eastern Germany.

That evaluation contemplated the production of high-performance cathode powders from mica recovered from tin-mining operations at the project.

Evaluation is ongoing

The processes required have been extensively pilot-tested and market evaluation of the types of cathode powders produced is ongoing in China and Japan.

READ: Lithium Australia shares rise on producing li-ion batteries from mine waste

Lithium Australia is of the opinion that situating a SiLeach® plant at Sadisdorf will enable it to combine low capital intensity with high margins to reduce the European battery industry's reliance on imported lithium-ion battery components.

The plant would treat locally available micas and convert the lithium chemicals produced to cathode powders, as has been previously demonstrated at pilot scale.

Hydrometallurgical circuit based on SiLeach®.

Lithium Australia, through subsidiary Trilithium Erzgebirge GmbH, has a 100% beneficial interest in the Sadisdorf project, which is on care and maintenance.

Project in strategic location

Historically Sadisdorf was a tin-mining enterprise, the tin veins occurring within a 'greisen' with the pervasive alteration within the granite consisting of lithium micas.

The project is close to Deutsche Lithium’s Zinnwald deposit and European Metals Holdings Ltd’s (LON:EMH) Cinovec deposit.

This location is significant in terms of its proximity to the rapidly expanding European electric vehicle and battery industries.

Sadisdorf contains an inferred resource of 25 million tonnes at 0.45% Li2O and results from a diamond drilling campaign last year suggest the potential for a future resource upgrade.

Drill-hole section showing results.

In addition to lithium and tin, significant tungsten mineralisation was encountered in parts of the inner alteration zone.

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Thu, 14 Feb 2019 16:48:00 +1100 https://www.proactiveinvestors.com.au/companies/news/214607/lithium-australia-commits-to-advancing-unique-european-battery-metals-strategy-214607.html
<![CDATA[News - Lithium Australia completes aerial survey at Youanmi ]]> https://www.proactiveinvestors.com.au/companies/news/214493/lithium-australia-completes-aerial-survey-at-youanmi-214493.html Lithium Australia NL (ASX:LIT) has completed high-resolution aeromagnetics and radiometrics at its Youanmi Lithium Vanadium Project in Western Australia.

Modelling of the data will be completed within the next two weeks, which will be used in conjunction with surface mapping to define drill targets for both lithium and vanadium mineralisation.

In particular, the magnetics will indicate the positions of likely extensions of the vanadium resource established by Venus Metals Ltd (ASX:VMC).

READ: Lithium Australia finalises option over Youanmi Lithium Project

The project consists of three exploration licences.

These host abundant lithium pegmatites intruding layered mafic rocks that also host vanadium-rich magnetite horizons.

Notably, Venus Metals identified a JORC resource of 110.6 million tonnes at 0.30% vanadium pentoxide over a strike length of about 3.5 kilometres.

Existing open-file magnetics suggest a similar strike extent of favourable horizons within Lithium Australia’s ground.

Closing the loophole of lithium supply

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Wed, 13 Feb 2019 08:57:00 +1100 https://www.proactiveinvestors.com.au/companies/news/214493/lithium-australia-completes-aerial-survey-at-youanmi-214493.html
<![CDATA[News - Lithium Australia completes lithium exploration program at Medcalf ]]> https://www.proactiveinvestors.com.au/companies/news/213934/lithium-australia-completes-lithium-exploration-program-at-medcalf-213934.html Lithium Australia NL (ASX:LIT) has completed a mapping and sampling program at its Medcalf Prospect within the Lake Johnston Project in Western Australia.

Medcalf lies within the Yilgarn Craton, which hosts major lithium deposits including Earl Grey, Mt Marion and Mt Cattlin.

Lithium Australia first identified lithium pegmatite swarms at Medcalf in 2018.

Notably, the company’s Medcalf and Mt Day prospects present similar geological features to the aforementioned lithium deposits.

READ: Lithium Australia finalises option over Youanmi Lithium Project

The completed January 2019 exploration program included field mapping, rock-chip sampling, and geochemical soil sampling.

Assay results from the samples which have been sent to a Perth-based lab are expected in March 2019.

Rock chip samples from previous exploration in early 2018 produced grades ranging from 3.07% lithium oxide to 4.78% lithium oxide.

Lithium Australia has four business divisions in line with its strategy to be a vertically integrated player in the clean energy sector.

Raw materials represents the company’s portfolio of exploration and resource projects.

Lithium chemicals represents SiLeach® and LieNA®, two low-energy processes to recover lithium from silicates developed by the company.

Battery materials refers to the company’s 100%-owned subsidiary VSPC Limited, which has produced some of the most advanced cathode powders known at its pilot plant in Brisbane.

Recycling refers to efforts aimed at developing a flow sheet for the recovery of all metals from used lithium-ion and alkaline batteries.

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Tue, 05 Feb 2019 09:13:00 +1100 https://www.proactiveinvestors.com.au/companies/news/213934/lithium-australia-completes-lithium-exploration-program-at-medcalf-213934.html
<![CDATA[Media files - Lithium Australia's MD reviews progress throughout the supply chain in 2018 ]]> https://www.proactiveinvestors.com.au/companies/stocktube/11656/lithium-australia-s-md-reviews-progress-throughout-the-supply-chain-in-2018-11656.html Wed, 19 Dec 2018 15:18:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/11656/lithium-australia-s-md-reviews-progress-throughout-the-supply-chain-in-2018-11656.html <![CDATA[News - Lithium Australia finalises option over Youanmi Lithium Project ]]> https://www.proactiveinvestors.com.au/companies/news/210908/lithium-australia-finalises-option-over-youanmi-lithium-project-210908.html Lithium Australia NL (ASX:LIT)  has expanded its extensive holdings in Western Australia by completing formalities on an option over the Youanmi Lithium Project.

The early-stage project consists of three exploration licences and is host to abundant lithium pegmatites that intrude layered mafic rocks.

Initial exploration work at the project has included prospecting, a review of past work, geological inspections, mapping, rock-chip sampling, and topographic surveying.

Work to date reveals lithium-bearing pegmatites

Work has revealed occurrences of lithium-bearing pegmatites over a strike length of almost three kilometres and a width of at least 200 metres.

Rock sampling has confirmed both the presence of potentially economic lithium values (up to 4.2% lithium oxide) and anomalous tantalum values.

So far, the lithium mineral in the pegmatites inspected is lepidolite.

Regional zoning patterns in pegmatites elsewhere suggest that spodumene may also occur there.

Potential for pegmatites to be hidden under the surface cover

Most of the area around the known pegmatite locations is covered by sheetwash and it is likely that the lithium pegmatites are far more extensive than those few outcrops.

An unexplained magnetic low beneath the main area of pegmatite dykes suggests the possibility of a larger pegmatite mass beneath.

READ: Lithium Australia generates lithium-iron-phosphate from waste mica in world-first breakthrough

Lithium Australia’s managing director Adrian Griffin said: “Recent advances in our battery technology demonstrate that materials such as lepidolite, which is abundant at Youanmi, can be processed to produce viable precursors for lithium-ion batteries.

“We've not only proved the theory but made the batteries – and done so without needing to use lithium carbonate or lithium hydroxide. We're committed to the integration of these advanced battery technologies, to improve the sustainability of the energy storage industry as a whole.”

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Tue, 11 Dec 2018 10:22:00 +1100 https://www.proactiveinvestors.com.au/companies/news/210908/lithium-australia-finalises-option-over-youanmi-lithium-project-210908.html
<![CDATA[Media files - Lithium Australia revising Sadisdorf scoping study following processing 'breakthrough' ]]> https://www.proactiveinvestors.com.au/companies/stocktube/11387/lithium-australia-revising-sadisdorf-scoping-study-following-processing-breakthrough--11387.html Fri, 30 Nov 2018 14:32:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/11387/lithium-australia-revising-sadisdorf-scoping-study-following-processing-breakthrough--11387.html <![CDATA[News - Lithium Australia generates lithium-iron-phosphate from waste mica in world-first breakthrough ]]> https://www.proactiveinvestors.com.au/companies/news/210259/lithium-australia-generates-lithium-iron-phosphate-from-waste-mica-in-world-first-breakthrough-210259.html Lithium Australia NL (ASX:LIT) has made a world-first breakthrough by generating lithium-iron-phosphate (LFP) material from waste mica utilising its SiLeach® process.

The process improvements influence the economic potential of LIT’s Sadisdorf Lithium-Tin Project in eastern Germany, enhancing the company’s European battery prospects.

READ: Lithium Australia shares rise on producing li-ion batteries from mine waste

LIT continues to demonstrate that lithium-ion batteries (LIB) can be manufactured from products of its SiLeach® process.

The process is being designed to recover lithium chemicals from lithium concentrates without roasting.

Significantly, the chemical produced, tri-lithium phosphate (Li3PO4), can be used for direct production of LIB cathode powders, in particular those used to manufacture LFP LIBs.

This is done without having to produce high-purity lithium hydroxide or lithium carbonate, the production of which is often considered one of the most challenging steps in the battery manufacturing process.

Feed used for LIT’s generation-2 SiLeach® pilot plant comprised lithium micas recovered from mine waste in the Kalgoorlie region of Western Australia.

Those micas had similar metallurgical properties to the micas within the company’s wholly-owned Sadisdorf project.

READ: Lithium Australia achieves significant lithium recovery from SiLeach pilot-plant

The breakthrough achieved by generating cathode powders direct from tri-lithium phosphate not only has potential to boost the potential of Sadisdorf but also similar occurrences elsewhere in Europe.

The application of LIT’s proprietary technologies to generate LFP cathode materials from mica feed will be incorporated into scoping studies being undertaken on Sadisdorf.

Lithium Australia aspires to ‘close the loop’ on the energy-metal cycle in an ethical and sustainable manner.

It has amassed a portfolio of projects and alliances and developed innovative extraction processes to convert all lithium silicates, including mine waste, to lithium chemicals.

From these, the company plans to produce advanced components for the lithium-ion battery industry. The final step involves recycling spent batteries and e-waste.

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Fri, 30 Nov 2018 09:39:00 +1100 https://www.proactiveinvestors.com.au/companies/news/210259/lithium-australia-generates-lithium-iron-phosphate-from-waste-mica-in-world-first-breakthrough-210259.html
<![CDATA[News - Lithium Australia shares rise on producing li-ion batteries from mine waste ]]> https://www.proactiveinvestors.com.au/companies/news/209724/lithium-australia-shares-rise-on-producing-li-ion-batteries-from-mine-waste-209724.html Lithium Australia NL’s (ASX:LIT) fully-owned subsidiary, VSPC Ltd, has successfully produced lithium-ion batteries (LIB) from tri-lithium phosphate produced directly from mine waste using LIT’s SiLeach process.

READ: Lithium Australia achieves significant lithium recovery from SiLeach pilot-plant

This ground-breaking process removes the requirement for generation of high-purity lithium hydroxide or carbonate which has long been one of the most cost-intensive and challenging steps in the manufacture of LIBs.

The tri-lithium phosphate was converted to lithium-iron-phosphate (LFP) cathode material at VSPC’s advanced electrochemical laboratory and pilot plant facility in Brisbane, Queensland.

The proprietary processes used to generate the LFP nanoparticles is covered by patents granted to VSPC.

LIBs were produced and tested under a range of charge and discharge conditions and the cells achieved equivalent performance to VSPC’s advanced cathode powders which use lithium carbonate as the manufacturing feed.

Importantly, battery performance compares very favourably against cells using standard VSPC cathode material produced with industry standard lithium carbonate.

 

The demonstrated ability to bypass lithium carbonate and lithium hydroxide as battery precursors provide the potential to significantly reduce the cost of manufacturing batteries.

Moreover, the use of mine waste in the battery production cycle can provide greater sustainability to global lithium resources.

LIT is also developing the process for the direct production of cathode powders from lithium brines, to not only eliminate the requirement to produce high-purity lithium hydroxide or carbonate but also to reduce the requirement for evaporation ponds.

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Thu, 22 Nov 2018 15:21:00 +1100 https://www.proactiveinvestors.com.au/companies/news/209724/lithium-australia-shares-rise-on-producing-li-ion-batteries-from-mine-waste-209724.html
<![CDATA[Media files - Lithium Australia encouraged by lithium recovery rates from SiLeach pilot-plant ]]> https://www.proactiveinvestors.com.au/companies/stocktube/11290/lithium-australia-encouraged-by-lithium-recovery-rates-from-sileach-pilot-plant-11290.html Thu, 22 Nov 2018 15:16:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/11290/lithium-australia-encouraged-by-lithium-recovery-rates-from-sileach-pilot-plant-11290.html <![CDATA[News - Lithium Australia achieves significant lithium recovery from SiLeach pilot-plant ]]> https://www.proactiveinvestors.com.au/companies/news/209643/lithium-australia-achieves-significant-lithium-recovery-from-sileach-pilot-plant-209643.html Lithium Australia (ASX:LIT) has achieved a lithium recovery of +90% using its SiLeach process at the ANSTO Minerals pilot plant in New South Wales.

Final reporting and data analysis by ANSTO supports overall recovery to a product containing 90% to 95% tri-lithium phosphate (Li3PO4).

Unlike thermal conversion processes, SiLeach is not limited by ore feed size or the inclusion of impurities.

For LIT, such an outstanding overall recovery result underscores the potential of the process to significantly improve resource utilisation via the treatment of finer ore feeds.

 

The promising results were in line with expectations and, in fact, there remains significant room for improvement, with the inclusion of several up-stream changes to impurity removal and modification of final lithium phosphate precipitation unit processes.

Further optimisation of impurity removal and/or refining options for tri-lithium phosphate are in development and will be included in the extended duration third-generation pilot-plant campaigns for SiLeach planned for 2019.

A sample of the tri-lithium phosphate produced during the gen-2 pilot-plant campaign is now being tested at LIT’s 100%-owned subsidiary VSPC Ltd.

Currently, VSPC is commercialising efficient, cost-effective process technology for the manufacture of high-performance battery cathode materials.

READ: Lithium Australia to develop advanced silicon anodes for lithium-ion batteries

The VSPC program includes the production and testing of lithium-ion batteries made from this material.

If VSPC's tests on the SiLeach-produced tri-lithium phosphate prove positive, LIT can bypass the lithium hydroxide/carbonate route for producing battery precursors that is dictated by conventional lithium processing methods.

READ: Lithium Australia secures option over further lithium prospective acreage in WA

LIT Managing Director Adrian Griffin said: “We are extremely pleased with the SiLeach outcomes and process development work being conducted at ANTSO.

“Such positive results bolster our intent to move forward with a large-scale pilot plant for SiLeach and recover and convert contaminated mine wastes into lithium chemicals.

“It's all part of our plan to develop a vertically integrated lithium production business, by providing sustainable technologies to the battery industry.

“These results clearly demonstrate the potential to achieve greater utilization of existing resources and reduce the environmental pressure created by the increased demand for energy metals."

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Wed, 21 Nov 2018 17:40:00 +1100 https://www.proactiveinvestors.com.au/companies/news/209643/lithium-australia-achieves-significant-lithium-recovery-from-sileach-pilot-plant-209643.html
<![CDATA[News - Lithium Australia to develop advanced silicon anodes for lithium-ion batteries ]]> https://www.proactiveinvestors.com.au/companies/news/209144/lithium-australia-to-develop-advanced-silicon-anodes-for-lithium-ion-batteries-209144.html Lithium Australia NL (ASX:LIT) has agreed in principle to partner with a battery researcher to develop advanced anode materials for lithium-ion batteries (LIBs).

The agreement, which remains subject to completion of formalities, will also give Lithium Australia access to superior battery management systems.

Importantly, the new technology package has the potential to significantly increase LIB performance.

Lithium Australia is planning to establish facilities for the development of graphite/silicon anodes, and in so doing make full use of its subsidiary VSPC Ltd’s plant at Wacol in Brisbane.

 

The new agreement involves the implementation of a four-stage development and commercialisation program.

Previously tested prototypes of the advanced anode materials indicate the potential to significantly increase the energy density of LIBs.

While the use of silicon to improve battery performance is not new, introducing it into the anode in the quantity needed to obtain the desired improvement in performance while maintaining reliability and longevity has so far proved problematic.

READ: Lithium Australia to complete third share component of VSPC acquisition

The first stage of the development program will commence immediately with the establishment of laboratory and testing facilities in Queensland.

Operations will commence under the terms of a memorandum of understanding. Full details will be released after the execution of binding documents.

READ: Lithium Australia secures option over further lithium prospective acreage in WA

Lithium Australia managing director Adrian Griffin said: “The development of advanced anode materials is an opportunity to significantly increase battery performance, with subsequent environmental benefits.

“This new arrangement – the perfect adjunct to our existing cathode technology – will target higher-performance products with a more sustainable production profile.

“Successful implementation of higher-capacity anodes and better battery management systems will result in improved LIB performance. We plan to be a leader in delivering that outcome.”

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Wed, 14 Nov 2018 15:30:00 +1100 https://www.proactiveinvestors.com.au/companies/news/209144/lithium-australia-to-develop-advanced-silicon-anodes-for-lithium-ion-batteries-209144.html
<![CDATA[Media files - Lithium Australia adding to its circular economy with new anode material program ]]> https://www.proactiveinvestors.com.au/companies/stocktube/11193/lithium-australia-adding-to-its-circular-economy-with-new-anode-material-program-11193.html Wed, 14 Nov 2018 13:15:00 +1100 https://www.proactiveinvestors.com.au/companies/stocktube/11193/lithium-australia-adding-to-its-circular-economy-with-new-anode-material-program-11193.html <![CDATA[News - Lithium Australia to complete third share component of VSPC acquisition ]]> https://www.proactiveinvestors.com.au/companies/news/208962/lithium-australia-to-complete-third-share-component-of-vspc-acquisition-208962.html Lithium Australia NL (ASX:LIT) will complete the penultimate 25% portion of its acquisition of VSPC Ltd, formerly Very Small Particle Company Limited, later this month.

This will occur after the third parcel of more than 15 million fully paid ordinary shares held under voluntary escrow trading restrictions is released, which is expected to occur on November 24.

The balance of the VSPC acquisition will be released in a final tranche in three months from now.

Lithium Australia aspires to ‘close the loop’ on the energy-metal cycle in an ethical and sustainable manner.

To that end, it has amassed a portfolio of projects and alliances and developed innovative extraction processes to convert all lithium silicates to lithium chemicals.

READ: Lithium Australia secures option over further lithium prospective acreage in WA

From these, the company plans to produce advanced components for the lithium-ion battery industry.

The final step for Lithium Australia involves recycling of spent batteries and e-waste.

By uniting resources and the best available technology, Lithium Australia seeks to establish a vertically integrated lithium processing business.

READ: Lithium Australia cathode powder plant to produce samples for China battery makers

The company’s subsidiary VSPC forms part of this strategy with its Brisbane plant that produces lithium iron phosphate (LFP) cathode powder for use in the production of lithium-ion batteries.

This plant, which is Australia’s only cathode powder pilot plant and battery-testing facility, was recently recommissioned.

At the time, Lithium Australia’s managing director Adrian Griffin said: “We are convinced that VSPC’s elegant solution to increasing lithium-ion battery efficiency is the best available for production of LFP cathode powders.

“The technology also has applications in catalyst and medical fields. Independent tests have already shown that VSPC cathode powders out-perform industry benchmarks – a compelling reason for cell makers to use VSPC material.”

SiLeach® processing trials

Lithium Australia is also undertaking stage II processing trials of its SiLeach® technology at a facility in Sydney, NSW.

The objective is to use the processing technology to convert mine waste into lithium-ion batteries, which would be a world first.

Processing trials are being undertaken at the ANSTO facility in NSW.

READ: Lithium Australia begins trade-off studies for large-scale lithium processing pilot plant

Trade-off studies are underway to resize the company’s proposed large-scale pilot plant (LSPP) with an objective of reducing capital costs.

Despite the additional engineering requirements of resizing the LSPP, Lithium Australia remains confident that the studies required for commitment to construction of the plant will be complete this quarter as the plans are well advanced.

The company is also reassessing the pilot plant location to optimise technical and financial benefits.

This process will take into account the principal financial considerations together with intangibles such as the ability to manage research & development in offshore jurisdictions.

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Mon, 12 Nov 2018 09:19:00 +1100 https://www.proactiveinvestors.com.au/companies/news/208962/lithium-australia-to-complete-third-share-component-of-vspc-acquisition-208962.html
<![CDATA[News - Lithium Australia secures option over further lithium prospective acreage in WA ]]> https://www.proactiveinvestors.com.au/companies/news/206139/lithium-australia-secures-option-over-further-lithium-prospective-acreage-in-wa-206139.html Lithium Australia NL (ASX:LIT) is adding to its extensive lithium holdings in Western Australia after taking an option over the Youanmi Lithium Project, which hosts abundant pegmatites.

These lithium pegmatites intrude layered mafic rocks, which also host vanadium-rich magnetite horizons.

Three exploration licences in the prospective Youanmi region have been secured by completing a binding heads of agreement with private exploration company, Diversity Resources Pty Ltd.

Lithium Australia’s managing director Adrian Griffin said, “The Youanmi Lithium Project has many of the attributes of WA’s other emerging lithium centres.”

The project is within the Archean Yilgarn Block, about 450 kilometres northeast of Perth.

Lithium potential “largely ignored”

Griffin said the area had been a focus of past multi-metal exploration but the lithium potential had largely been ignored.

However, “there has been a significant amount of drilling of the vanadium horizons”.

The three exploration licences in the Youanmi region of WA’s Mid-West.

Youanmi is at an early exploration stage and initial work has included prospecting, review of past work, geological inspections, geological mapping, rock chip sampling and minor orientation geochemistry.

Other work carried out includes digital terrain modelling, acquisition and interpretation of publicly available aeromagnetic and radiometric images, GPS topographic surveying, CAD drafting and database creation.

READ: Lithium Australia cathode powder plant to produce samples for China battery makers

This work has revealed occurrences of lithium-bearing pegmatites over a strike length of almost 3-kilometres and a width of at least 200 metres.

Rock sampling has confirmed the presence of potentially economic lithium values of up to 4.2% Li2O and also anomalous tantalum values.

Spodumene may also occur

The lithium mineral in the pegmatites inspected so far is lepidolite while regional zoning patterns in pegmatites elsewhere suggest the possibility that spodumene could also occur in the area.

Most of the area around the known pegmatite locations is covered by sheetwash and it is likely that lithium pegmatites are far more extensive than the few outcrops currently known.

An unexplained magnetic low beneath the main area of pegmatite dykes suggests the possibility of a larger pegmatite mass beneath.

READ: Lithium Australia begins trade-off studies for large-scale lithium processing pilot plant

Griffin said that the lithium mineralisation style was ideally suited to the company’s SiLeach® processing and “may be a feed source for Lithium Australia’s Generation 3 pilot plant”.

Agreement terms

The agreement involves the company securing an option to purchase 100% of the project for consideration of:

- An option to acquire all of Diversity Resources Pty Ltd rights, interests and title in and to Exploration Licences 57/978 and 57/1049 and 57/1056 for $100,000 for an initial 6-month option, non-refundable; - $100,000 for an extension to the option period to 12 months, non-refundable; - $3.1 million scrip exercise; and - Surviving gross production royalty of 2%, or $1 per ton of material mined and processed, whichever is greater.

The parties will work towards completion of a formal agreement within 30 days.

Lithium Australia aspires to 'close the loop' on the energy-metal cycle.

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Tue, 02 Oct 2018 09:20:00 +1000 https://www.proactiveinvestors.com.au/companies/news/206139/lithium-australia-secures-option-over-further-lithium-prospective-acreage-in-wa-206139.html
<![CDATA[Media files - Lithium Australia to 'close the loop' on battery materials with complements to SiLeach® process ]]> https://www.proactiveinvestors.com.au/companies/stocktube/10615/lithium-australia-to-close-the-loop-on-battery-materials-with-complements-to-sileach-process-10615.html Thu, 27 Sep 2018 09:00:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/10615/lithium-australia-to-close-the-loop-on-battery-materials-with-complements-to-sileach-process-10615.html <![CDATA[News - Lithium Australia begins trade-off studies for large-scale lithium processing pilot plant ]]> https://www.proactiveinvestors.com.au/companies/news/205485/lithium-australia-begins-trade-off-studies-for-large-scale-lithium-processing-pilot-plant-205485.html Lithium Australia NL (ASX:LIT) has commenced trade-off studies to resize its proposed large-scale pilot plant (LSPP) with an objective of reducing capital costs.

Despite the additional engineering requirements of resizing the LSPP, LIT remains confident that the studies required for commitment to construction of the plant will be complete in the coming quarter as these plans are well advanced.

Plant location

LIT is also reassessing the pilot plant location to optimise technical and financial benefits.

The changing policies of the Australian federal government, with respect to support for research and development, have had a significant impact on the company’s plans.

Unfortunately, the Australian jurisdiction is becoming less favourable when compared with many other locations.

The location of the LSPP will take into account the principal financial considerations together with intangibles such as the ability to manage research & development in offshore jurisdictions.

Capital requirement

The planned reduction of capital exposure has placed LIT in a position within which the Arena Investors convertible note facility is presently not the optimal funding mechanism for its immediate requirements.

Consequently, the facility has been terminated in its current form.

The company is continuing to evaluate the most effective financing options to complement its strategic agenda.

READ: Lithium Australia SiLeach® pilot plant trials successfully produce lithium

LIT Managing Director Adrian Griffin said: “Changing our pilot plant strategy and reducing capital exposure is in the interests of all shareholders.

“The support of Arena has been very important to our strategy and it is unfortunate that changes in government policy have had such an impact on our research and development plans.

“We thank Arena for its support and look forward to engaging with it as a key investor in any future relationship.

“Lithium Australia will locate its R&D activities in a jurisdiction that will provide the greatest practical benefits to its shareholders.”

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Mon, 24 Sep 2018 11:36:00 +1000 https://www.proactiveinvestors.com.au/companies/news/205485/lithium-australia-begins-trade-off-studies-for-large-scale-lithium-processing-pilot-plant-205485.html
<![CDATA[Media files - Lithium Australia 'will have lithium cathode material ready for testing within 2 weeks' ]]> https://www.proactiveinvestors.com.au/companies/stocktube/10458/lithium-australia-will-have-lithium-cathode-material-ready-for-testing-within-2-weeks--10458.html Thu, 13 Sep 2018 11:11:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/10458/lithium-australia-will-have-lithium-cathode-material-ready-for-testing-within-2-weeks--10458.html <![CDATA[News - Lithium Australia cathode powder plant to produce samples for China battery makers ]]> https://www.proactiveinvestors.com.au/companies/news/204779/lithium-australia-cathode-powder-plant-to-produce-samples-for-china-battery-makers-204779.html Lithium Australia NL (ASX:LIT) has completed a number of production runs of its lithium iron phosphate (LFP) cathode powder pilot-plant based in Brisbane, Queensland.

Samples will now be produced for lithium-ion battery-cell makers in China over the coming fortnight.

With in-house testing having confirmed the high capacity LFP cathode material, Lithium Australia will seek confirmation of that performance from prospective customers.

The now commissioned facility was officially opened on 6 September by Ian Macfarlane, chief executive of the Queensland Resources Council.

READ: Lithium Australia recommissioning the country’s only cathode powder pilot plant

Lithium Australia’s Adrian Griffin said: “We are convinced that VSPC’s elegant solution to increasing lithium-ion battery efficiency is the best available for the production of LFP cathode powders.

“The technology also has applications in catalyst and medical fields. Independent tests have already shown that VSPC cathode powders out-perform industry benchmarks – a compelling reason for cell makers to use VSPC material.”

READ: Lithium Australia SiLeach® pilot plant trials successfully produce lithium

Elsewhere, the company recently commenced stage II SiLeach® processing trials at a facility in Sydney, New South Wales.

The objective is to use the processing technology to convert mine waste into lithium-ion batteries, which would be a world first.

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Thu, 13 Sep 2018 09:46:00 +1000 https://www.proactiveinvestors.com.au/companies/news/204779/lithium-australia-cathode-powder-plant-to-produce-samples-for-china-battery-makers-204779.html
<![CDATA[News - Lithium Australia SiLeach® pilot plant trials successfully produce lithium ]]> https://www.proactiveinvestors.com.au/companies/news/204681/lithium-australia-sileach-pilot-plant-trials-successfully-produce-lithium-204681.html Lithium Australia NL (ASX:LIT) has recently commenced stage II SiLeach® processing trials after stage I work successfully generated lithium solutions from mine waste.

Stage II work has used the SiLeach process to separate and remove calcium and fluorine impurities from the stage I lithium solutions.

Lithium Australia’s managing director Adrian Griffin said: “The success of the new pilot plant facility at ANSTO augurs well for our scale-up aspirations.

“It's encouraging to note the relative ease with which we've achieved targets to date, particularly in view of the feed material used – in this case, contaminated mine waste from the Kalgoorlie region.

SiLeach could have multiple applications

“SiLeach is ideal for recovering lithium from such materials.

“We're also enthusiastic about other applications for some of these process steps; in particular, the recovery of lithium from brine, which currently involves lengthy solar evaporation and is subject to the vagaries of the weather.”

READ: Lithium Australia receives German approval for Sadisdorf licence transfer

Lithium Australia’s recently acquired 100% owned Sadisdorf Lithium Tin Project in Germany is an example of a company asset where the SiLeach process has substantial value-add potential.

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Wed, 12 Sep 2018 08:37:00 +1000 https://www.proactiveinvestors.com.au/companies/news/204681/lithium-australia-sileach-pilot-plant-trials-successfully-produce-lithium-204681.html
<![CDATA[Media files - Stage II testing of Lithium Australia's SiLeach® process successfully underway ]]> https://www.proactiveinvestors.com.au/companies/stocktube/10434/stage-ii-testing-of-lithium-australia-s-sileach-process-successfully-underway-10434.html Tue, 11 Sep 2018 16:30:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/10434/stage-ii-testing-of-lithium-australia-s-sileach-process-successfully-underway-10434.html <![CDATA[News - Lithium Australia receives German approval for Sadisdorf licence transfer ]]> https://www.proactiveinvestors.com.au/companies/news/204576/lithium-australia-receives-german-approval-for-sadisdorf-licence-transfer-204576.html Lithium Australia NL (ASX:LIT) has received necessary approval from German state authorities for the transfer of licences for the Sadisdorf Lithium Tin Project in Saxony, Germany.

In June 2018, Lithium Australia entered into an agreement to acquire 100% of Sadisdorf.

The conditions precedent for the acquisition have been completed and Lithium Australia is now the sole owner of the Sadisdorf lithium resource and the Hegelshöhe exploration licence.

Lithium Australia will now pay the purchase consideration of €2 million of which €500,000 will be cash, and €1.5 million payable in shares valued at 105% of VWAP.

READ: Lithium Australia’s drilling confirms historical lithium results in Germany

During August 2018, Lithium Australia intersected significant lithium mineralisation from drilling at Sadisdorf confirming historical drill results.

Results included 78.51 metres at 0.51% lithium oxide and 68.56 metres at 0.51% lithium oxide and 78.09 metres at 0.48% lithium oxide.

The project presently contains an inferred resource of 25 million tonnes at 0.45% lithium oxide.

Several intervals from this drilling suggest there is potential for a future resource upgrade.

READ: Lithium Australia produces impressive results in pilot plant trial of lithium extraction technology

Most recently, Lithium Australia produced impressive results during the first stage of a pilot plant trial of its proprietary SiLeach® process aimed at extracting lithium from mine waste.

The first stage of the trial at ANSTO’s minerals piloting facility in NSW produced a lithium pregnant liquor from lepidolite feed.

The company’s proprietary SiLeach® process will now progress to a stage II trial.

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Tue, 11 Sep 2018 10:46:00 +1000 https://www.proactiveinvestors.com.au/companies/news/204576/lithium-australia-receives-german-approval-for-sadisdorf-licence-transfer-204576.html
<![CDATA[News - Lithium Australia produces impressive results in pilot plant trial of lithium extraction technology ]]> https://www.proactiveinvestors.com.au/companies/news/204390/lithium-australia-produces-impressive-results-in-pilot-plant-trial-of-lithium-extraction-technology-204390.html Lithium Australia NL (ASX:LIT) has produced impressive results during the first stage of a pilot plant trial of its proprietary SiLeach® process aimed at extracting lithium from mine waste.

The first stage of the trial at ANSTO’s minerals piloting facility in NSW produced a lithium pregnant liquor from lepidolite feed.

Stage II, which begins next week, will process the liquor to produce lithium chemicals.

READ: Lithium Australia moves one step closer to producing lithium batteries from mine waste

Managing director Adrian Griffin said, “We are extremely pleased with the outcome of the first stage of the two-stage SiLeach® pilot plant trial at ANSTO Minerals.”

Shares are up more than 8% to 10.5 cents.

 

The concentrate used as feed for the trial was prepared in Perth, under the supervision of Independent Metallurgical Operations Pty Ltd and consisted of lepidolite recovered from mine waste.

During stage I, the plant operated in continuous mode for five days in August, processing lepidolite concentrate at around 4 kilograms per hour through leach, pre-neutralisation and impurity removal stages.

Results exceed target

Preliminary data indicate that lithium extraction in the leach circuit peaked at 97.5% and averaged 94% for the duration of the trial.

Leach results exceeded target supporting the opportunity for concentrate grind size and reagent optimisation during design of the proposed large-scale pilot plant (LSPP).

Run in an integrated manner, the trial demonstrated continuous operation of Lithium Australia’s proprietary SiLeach® process, including full recycle of intermediate process streams.

All unit processes operated robustly, with minimal stoppages and practical solid/liquid separation was achieved for all circuits tested.

Samples provided to vendors

Samples were provided to multiple vendors in order to complete solid/liquid separation test work.

This will also confirm equipment selection and sizing and support a cost estimation for the SiLeach® LSPP front end engineering and design (FEED) study being conducted by CPC Project Design Pty Ltd.

Operation of the multi-stage impurity removal circuit confirmed the rejection of aluminium fluoride (AlF3) in the first stage and encouraged further investigation into the feasibility of recovering an AlF3 by-product from this residue.

AlF3, an important additive in the production of aluminium by electrolysis, has recently gained immense traction in the global market, due to its beneficial properties and broad range of applications.

Indeed, the AlF market is projected to expand at a CAGR of 4.6% in the period from 2018 to 2028.

READ: Lithium Australia recommissioning the country’s only cathode powder pilot plant

The lithium-rich liquor produced during stage I met purity targets and will be processed through to lithium chemicals in stage II.

At that stage, calcium and fluorine will be removed and a lithium phosphate produced as a final product.

Subsequently, a sub-sample of that product will be further processed at VSPC Ltd, a wholly-owned LIT subsidiary, to create cathode material for use in the production of lithium-ion batteries.

VSPC will make samples of that material available for testing by potential offtake partners.

Aim to produce lithium-ion battery

Griffin said: “We anticipate that stage II will result in the production of a lithium chemical from waste material sourced near Kalgoorlie.

“We will then apply VSPC’s proprietary process to that lithium chemical and, ultimately, produce a lithium-ion battery: a world first.”

Lithium Australia will also investigate converting SiLeach®-produced lithium phosphate to a lithium hydroxide product.

The company is also assessing the implications of the Federal Government’s policy change in capping its Research and Development rebate scheme, a move with the potential to negatively affect the new energy metals processing industry proposed for Western Australia.

LIT is considering relocating its successful R&D activities elsewhere – perhaps Germany, which has a target date for the demise of internal combustion engines and is facilitating that through attractive R&D financial support.

READ: Lithium Australia to turn waste into commercial lithium product

Griffin said the company’s work would continue “whether the Australian Federal Government chooses to back the Lithium Valley concept or just ignore it”.

He added: “The official recommissioning of VSPC’s Brisbane cathode powder pilot plant occurred yesterday, with an opening ceremony to celebrate the occasion.”

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Fri, 07 Sep 2018 10:18:00 +1000 https://www.proactiveinvestors.com.au/companies/news/204390/lithium-australia-produces-impressive-results-in-pilot-plant-trial-of-lithium-extraction-technology-204390.html
<![CDATA[News - Lithium Australia recommissioning the country’s only cathode powder pilot plant ]]> https://www.proactiveinvestors.com.au/companies/news/204186/lithium-australia-recommissioning-the-countrys-only-cathode-powder-pilot-plant-204186.html Lithium Australia NL’s (ASX:LIT) wholly owned subsidiary VSPC Ltd is recommissioning its Brisbane facility that produces cathode material for use in the production of lithium-ion batteries.

The Wacol, Brisbane facility will be formally commissioned tomorrow by Ian McFarlane.

READ: Lithium Australia moves one step closer to producing lithium batteries from mine waste

It is worth noting that the facility is Australia’s only cathode powder pilot plant and battery-testing facility.

LIT managing director Adrian Griffin said: “We are extremely pleased with the acquisition of VSPC and proud to host guests for the official recommissioning of VSPC's Brisbane cathode powder pilot plant.

“We advise our shareholders and other interested parties that the ceremony will be available to view live from 2PM EST on the company’s website: www.lithium-au.com .”

READ: Lithium Australia’s drilling confirms historical lithium results in Germany

LIT recently received significant lithium mineralisation from drilling at the Sadisdorf Project in Germany, confirming historical drill results.

Consistent lithium mineralisation, as mica, was encountered, including 78.51 metres at 0.51% lithium oxide and 68.56 metres at 0.51% lithium oxide

The company is advancing the Sadisdorf scoping study on the basis that its 100% owned SiLeach® process can unlock the full potential of this style of mineralisation.

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Wed, 05 Sep 2018 11:14:00 +1000 https://www.proactiveinvestors.com.au/companies/news/204186/lithium-australia-recommissioning-the-countrys-only-cathode-powder-pilot-plant-204186.html
<![CDATA[News - Lithium Australia moves one step closer to producing lithium batteries from mine waste ]]> https://www.proactiveinvestors.com.au/companies/news/203745/lithium-australia-moves-one-step-closer-to-producing-lithium-batteries-from-mine-waste-203745.html Lithium Australia NL (ASX:LIT) has received approval from the Department Mines and Petroleum for the removal of excess tonnage from Lepidolite Hill Lithium Project in Western Australia.

The material recovered under the terms of the excess tonnage removal permits will be part of the feed required for LIT’s large-scale SiLeach® pilot plant.

However, the program to recover lepidolite (lithium mica) remains subject to appropriate approvals.

READ: Lithium Australia able to separate lithium using ore-sorting technology

Chemical analysis of product and waste streams supports the successful partitioning of lepidolite (lithium mica) into a concentrate stream.

LIT managing director Adrian Griffin said: “Obtaining approval for excess tonnage advances our aim of producing lithium-ion batteries from mine waste.

“That will begin with the application of our 100% owned SiLeach® process to produce the lithium component.”

READ: Lithium Australia to turn waste into commercial lithium product

Griffin added “We are well advanced with a pilot plant run at ANSTO Minerals (a division of the Australian Nuclear Science and Technology Organisation) to generate the materials that will be used to further process that lithium in our Brisbane based VSPC facility.

“The production of batteries from mine waste will be a world first.

“VSPC will officially complete the commissioning of its Brisbane cathode powder pilot plant on 6 September 2018.

“This momentous occasion will be celebrated with an opening ceremony on that day.”

 

The Very Small Particle Company (VSPC) can produce lithium-ion phosphate at a finer size than other producers, which gives batteries far superior performance.

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Wed, 29 Aug 2018 12:41:00 +1000 https://www.proactiveinvestors.com.au/companies/news/203745/lithium-australia-moves-one-step-closer-to-producing-lithium-batteries-from-mine-waste-203745.html
<![CDATA[News - Lithium Australia’s drilling confirms historical lithium results in Germany ]]> https://www.proactiveinvestors.com.au/companies/news/203606/lithium-australias-drilling-confirms-historical-lithium-results-in-germany-203606.html Lithium Australia NL (ASX:LIT) has received significant lithium mineralisation from drilling at the Sadisdorf Project in Germany, confirming historical drill results.

Drill hole section with results

Consistent lithium mineralisation, as mica, was encountered, including:
• 78.51 metres at 0.51% lithium oxide and 68.56 metres at 0.51% lithium oxide; and
• 78.09 metres at 0.48% lithium oxide.

Significant intercepts of tin and tungsten mineralisation include:
• 19.4 metres at 0.65% tin;
• 2.09 metres at 0.72% tin; and
• 1 metre at 1.65% tungsten.

READ: Lithium Australia to turn waste into commercial lithium product

The company’s managing director Adrian Griffin said: "Lithium Australia’s maiden drilling program at Sadisdorf confirms the polymetallic style of mineralisation and the conservative nature of current resource statements.

“We are advancing the Sadisdorf scoping study on the basis that our 100% owned SiLeach® process can unlock the full potential of this style of mineralisation.

“The project location can take full advantage of the rapidly developing EV industry in Europe and has the potential to develop a new industry for Germany.”

 

Sadisdorf is a mothballed tin mine within a “greisen” (altered granite) alteration consisting of lithium micas. The project presently contains an inferred resource of 25 million tonnes at 0.45% lithium oxide.

Historical drilling has a maximum grade of 0.646% lithium oxide, as an upper detection limit of the grade estimation technique used at the time.

Several intervals in the new drilling are higher than this grade. This suggests there is potential for a future resource upgrade.

READ: Lithium Australia subsidiary producing lithium-ion cathode material for battery market

Notably, the Sadisdorf Project is in Saxony, Germany - close to the rapidly expanding European electric vehicle and battery industries.

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Mon, 27 Aug 2018 11:31:00 +1000 https://www.proactiveinvestors.com.au/companies/news/203606/lithium-australias-drilling-confirms-historical-lithium-results-in-germany-203606.html
<![CDATA[News - Lithium Australia to turn waste into commercial lithium product ]]> https://www.proactiveinvestors.com.au/companies/news/201495/lithium-australia-to-turn-waste-into-commercial-lithium-product-201495.html Lithium Australia NL (ASX:LIT) specialises in the process development of waste materials such as lithium micas, which it has access to in both Western Australia and Germany.

The company has identified multiple lithium mica feed sources for a new large-scale pilot plant (LSPP).

To date, substantial bench-scale and pilot plant trial test work has been undertaken on the 80%-owned Lepidolite Hill deposit in Western Australia.

However, far less test work has been undertaken at a second deposit designated Waste2.

Waste2 deposit to be used as feed

Tests have shown that the metallurgical characteristics of concentrates produced from Waste2 vary from those of other micas tested.

This is due to the material have higher ratios of muscovite and lepidolite.

READ: Lithium Australia subsidiary producing lithium-ion cathode material for battery market

Lithium Australia’s managing director Adrian Griffin said: “Lithium Australia continues its war on waste.

“In processing the Waste2 material, we will clearly demonstrate that we can take the particular waste provided, run it through the SiLeach® pilot plant and create a commercial lithium chemical.”

The pilot plant run is due to commence in early August and the aim is to produce lithium products to commercial specifications.

A vertically integrated strategy, from waste to battery material

Griffin added: “But that's only step II in ascending the value chain. Subsequently, the lithium chemical will be sent from Lucas Heights to our VSPC Brisbane plant for processing into battery cathode material.

“The cathode powder will then be tested at VSPC's in-house battery testing facility. We hope to report on its performance with respect to battery applications in coming months.”

The LSPP front-end engineering and design (FEED) study nearing completion, anticipated in the September quarter 2018.

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Wed, 25 Jul 2018 11:33:00 +1000 https://www.proactiveinvestors.com.au/companies/news/201495/lithium-australia-to-turn-waste-into-commercial-lithium-product-201495.html
<![CDATA[Media files - Lithium Australia NL commences production of lithium-ion cathodes from VSPC ]]> https://www.proactiveinvestors.com.au/companies/stocktube/9926/lithium-australia-nl-commences-production-of-lithium-ion-cathodes-from-vspc-9926.html Mon, 23 Jul 2018 15:01:00 +1000 https://www.proactiveinvestors.com.au/companies/stocktube/9926/lithium-australia-nl-commences-production-of-lithium-ion-cathodes-from-vspc-9926.html