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Lithium Australia's Adrian Griffin talks energy metals strategy following $4.5mln raise

Lithium Australia NL's (ASX:LIT) (OTCMKTS:LMMFF) (FRA:3MW) Adrian Griffin caught up with Proactive's Katie Pilbeam following the news they've raised $4.5 million in a strongly supported share purchase plan (SPP) - more than double the initial $2 million target. The funds raised, in conjunction with $4 million in placement funds, will be used to progress the company’s sustainable energy metals strategy as well as retiring all debt.

Quick facts: Lithium Australia NL

Price: 0.13 AUD

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

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

3 days, 15 hours ago

2 min read