Lithium Australia and MinRes forge ahead with LieNA® pilot program
March 20, 2024 at 10:21 am EDT
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Lithium Australia Ltd (ASX:LIT) managing director Simon Linge discusses with Proactive’s Jonathan Jackson progress on its Mineral Resources Ltd partnership having embarked on a pilot program for LieNA® processing technology. Linge elaborates on the joint development agreement, underscoring the technology's ability to recover lithium from mining waste, potentially transforming waste management and lithium extraction in the mining industry.
The pilot is being conducted in collaboration with the Australian Nuclear Science and Technology Organisation (ANSTO), and aims to scale up the lab-tested LIT LieNA® technology, which has shown promising results in extracting high-quality lithium. This initiative is pivotal to refining the process and preparing for a larger-scale demonstration, with ANSTO providing crucial support in process development and research services.
The outcomes of this pilot program will guide the engineering study for a demonstration plant, possibly leading to independent development and operation by MinRes. The collaboration is poised to commercialise LieNA® through a licensing model, aiming for a 50:50 joint venture that will manage the technology's global licensing, with a focus on greenfield and brownfield spodumene mines.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Lithium Australia Limited is an Australia-based company, which develops processing technology to produce lithium ferro phosphate, and also develops lithium extraction technology. The Company's Lithium Chemicals segment consists of research and development of a suite of extraction and refining technologies for the recovery of lithium chemicals from various materials, including spodumene, lithium micas and end of life lithium-ion batteries. Its Battery Materials segment provides research and development of advanced, battery materials, including lithium ferro phosphate and lithium manganese ferro phosphate. Its Battery Recycling segment offers research and development of processing technology for mixed-battery recycling, as well as the sale of recovered energy metals. The Company shreds and recycles all types of end-of-life batteries at its Melbourne facilities. Its process involves recovery of energy metals as a mixed metal dust, which is then exported for further refining.