leadf
logo-loader
viewLithium Australia NL
(
ASX:LITOTC:LMMFFFRA:3MW
)

Lithium Australia buoyed by LMFP resurgence driven by battery and EV manufacturers worldwide

Snapshot

  • Lithium Australia powers ahead with cobalt- and nickel-free lithium-ion battery dream
  • Lithium Australia's first generation LieNA® processing technology to receive patent from European Patent Office
  • Lithium Australia's Adrian Griffin talks big trends in the battery industry
Lithium Australia NL -

Quick facts: Lithium Australia NL

Follow
ASX:LIT

Price: 0.12 AUD

Market Cap: $118.55 m

About the company

Lithium Australia NL (ASX:LIT) (OTCMKTS:LMMFF) (FRA:3MW) aspires to ‘close the loop’ on the energy-metal cycle.

The company’s disruptive technologies are designed to furnish the lithium battery industry with ethical and sustainable supply solution.

Lithium Australia’s technology comprises the SiLeach® and LieNA® lithium extraction processes, along with superior cathode material production courtesy of VSPC Ltd and enhanced recycling techniques for battery materials.

How it is doing

17 Sep 2021

Lithium Australia NL (ASX:LIT, OTC:LMMFF, FRA:3MW) is chasing a new kind of battery dream here in Australia: one where the cells powering the electric vehicle (EV) age don’t require cobalt or nickel.

As lithium prices soar to new heights and manufacturers turn to batteries with fewer raw materials, LIT has positioned its nanotech-centric subsidiary, VSPC, to pursue opportunities in the Australian market.

VSPC creates the specialised lithium cathode powers that help power batteries — already, the subsidiary is considering commercial opportunities overseas, but a grant opportunity could see it focus on home soil.

With lithium on its best bull run in years — and showing no signs of slowing down — LIT believes there’s scope for VSPC to contribute to a supply chain for Australia’s own lithium-ion battery (LIB) industry.

13 Aug 2021

Lithium Australia NL (ASX:LIT, OTC:LMMFF, FRA:3MW)’s 90%-owned subsidiary Envirostream Australia Pty Ltd has filed two International Patent Applications with the Australia Patent office.

Submitted under the Patent Cooperation Treaty (PCT), the applications relate to Envirostream Australia's selective separation of metal values from recycled lithium-ion batteries and recovery of electrode materials.

11 Aug 2021

Lithium Australia Ltd welcomes the start of exploration activities by Charger Metals NL at Bynoe Lithium Project southwest of Darwin in the Northern Territory.

The Bynoe Project ownership is 70% Charger and 30% Lithium Australia and is in an area in which both parties believe to have “excellent access” and nearby infrastructure.

Insight: Lithium Australia's first generation LieNA® processing technology to receive...

30 Jun 2021

Lithium Australia NL’s (ASX:LIT) (OTCMKTS:LMMFF) (FRA:3MW) first-generation LieNA® lithium processing technology is set to be granted a patent from the European Patent Office, which will provide legal protection in nominated European countries for 20 years from the date of filing.

Earlier this month, the company received a standard patent ‘Certificate of Grant’ from IP Australia for its SiLeach® extraction technology for low-energy recovery of lithium from micas - potentially a shortcut in the production of lithium-ion batteries.

What management says

23 Sep 2021

Lithium Australia NL (ASX:LIT, OTC:LMMFF, FRA:3MW)'s Adrian Griffin offers up his views on the changes within the battery industry and how much of that is demand driven versus the result of government policy. He also spells out Lithium Australia's role in the evolving battery landscape.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...

FOR OUR FULL DISCLAIMER CLICK HERE

Lithium Australia's Adrian Griffin talks big trends in the battery industry

Lithium Australia NL (ASX:LIT, OTC:LMMFF, FRA:3MW)'s Adrian Griffin offers up his views on the changes within the battery industry and how much of that is demand driven versus the result of government policy. He also spells out Lithium Australia's role in the evolving battery landscape.

5 days, 7 hours ago

5 min read