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Lithium Australia Advances Sileach™ Towards Commercialisation
Sep. 22, 2016 11:10AM PST
Battery MetalsGovernment funding has assisted the commercialisation plans Lithium Australia NL (ASX:LIT) (‘Lithium Australia’ or ‘the Company’) 100% owned halogen leach process, Sileach(tm). Managing Director, Adrian Griffin comments on the significant advances:
Government funding has assisted the commercialisation plans Lithium Australia NL (ASX:LIT) (‘Lithium Australia’ or ‘the Company’) 100% owned halogen leach process, Sileach(tm). Managing Director, Adrian Griffin comments on the significant advances:
Pilot testing at ANSTO Minerals (a division of the Australian Nuclear Science and Technology Organisation – Australian Federal Government) has progressed as planned and a synopsis of the first of three planned processing campaigns will be released to the public in the near future.
The Company’s 25 cent contributing shares, originally issued to shareholders as a bonus, were listed on 24 August and have since traded as high as 6.5 cents, representing a significant windfall for most shareholders.
Two prominent mining identities have been appointed to the board of Graphite Australia in preparation for the listing of Lithium Australia’s graphite assets. All Lithium Australia shareholders will receive a priority entitlement in the float of Graphite Australia.
Connect with Lithium Australia NL (ASX:LIT) (‘Lithium Australia’ or ‘the Company’) to receive an Investor Presentation.
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