–News Direct–
Lithium Australia Ltd (ASX:LIT) managing director Simon Linge discusses with Proactives 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
View source version on newsdirect.com: https://newsdirect.com/news/lithium-australia-and-minres-forge-ahead-with-liena-r-pilot-program-184626372
LITHIUM AUSTRALIA LIMITED
COMTEX_449550786/2655/2024-03-20T10:26:40