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Lithium Australia sees 'incredible support' for its $4 million fundraise

Lithium Australia NL's (ASX:LIT) Adrian Griffin tells Proactive's Andrew Scott they had incredible support for its $4 million placement and they're intending to raise up to a further $2 million in a share purchase plan (SPP). Funds from the capital raising will be used to accelerate revenue growth for the company's Envirostream Australia Pty Ltd battery recycling and Soluna Australia Pty Ltd renewable energy storage system subsidiaries.

Quick facts: Lithium Australia NL

Price: 0.13 AUD

ASX:LIT
Market: ASX
Market Cap: $116.63 m
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Lithium Australia talks pilot testing of its LieNA® lithium conversion process

Lithium Australia NL's (ASX:LIT) Adrian Griffin caught up with Proactive's Andrew Scott following the news they're to pilot test its LieNA® lithium conversion process. He recaps on what sets the process apart from conventional “converters” and spells out the testing schedule ahead of a planned...

1 day, 19 hours ago

2 min read