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Lithium Australia NL (ASX: LIT) (‘the Company’) aims to control the greatest lithium (‘Li’) resource base of any entity worldwide, producing battery-grade Li carbonate from Li micas, the ‘forgotten Li resource’.
To progress its global Li strategy, the Company has formed various strategic relationships critical to its ability to extract Li carbonate from Li micas on a commercial basis. Foremost among these relationships is the Company’s association with Perth-based Strategic Metallurgy Pty Ltd, which has led to development of the innovative process technology the Company will use to achieve its goal.
In return for the Company’s participation in developing that technology, Strategic Metallurgy has granted the Company an exclusive licence to use its proprietary Li extraction process for up to 26 years within Western Australia and in two other nominated projects internationally.
The Company’s access to technical support is further enhanced by its teaming with US-based SciAps, to implement practical field evaluation – using real-time laser technology – and assay for light elements such as Li.
To provide it with access to Li mica deposits, the Company has also entered into relationships with:
• European Metals – Cinovec tin and Li project (Czech Republic);
• Pilbara Minerals – Pilgangoora Li and tantalum project (Western Australia);
• Focus Minerals – Coolgardie Rare Metals Venture (Western Australia), and
• Tungsten Mining – Seabrook Rare Metals Venture (Western Australia).
In addition, the Company has applied for extensive tracts of ground surrounding Talison Lithium’s Greenbushes pegmatite mine in Western Australia. Talison’s mine, source of the world’s highest-grade Li, currently supplies more than 30% of global Li requirements and 75% of Chinese demand.
The Company’s activities are set to accelerate, with test work at Cinovec and Pilgangoora, geological reconnaissance at Ravensthorpe and Seabrook and preparatory work for drilling at Coolgardie already on track.
19 October 2015 Notification of call on partly paid shares LITCB 10 pages (761.3kb)
19 October 2015 Appendix 3B and Appendix 3Y * 3 23 pages (677kb)
16 October 2015 Appendix 3B 12 pages (648.5kb)
13 October 2015 Clarification to September 2015 Quarterly Operations Report 2 pages (549kb)
05 October 2015 Response to ASX Price Query 4 pages (760kb)
22 September 2015 Frequently Asked Questions on listed partly paidshares LITCB 2 pages (607kb)
10 September 2015 Appendix 3B Expiry of Unlisted Options 8 pages (596kb)
09 September 2015 LIT identifies process performance improvements 3 pages (721kb)
08 September 2015 Appendix 3B and Appendix 3Y x 3 18 pages (4.6Mb)
03 September 2015 LIT Miniplant Test Results – Closer to Commercialisation 3 pages (669kb)
01 September 2015 LIT Expiry of 10 cent options on 9 September 2015 2 pages (518kb)
31 August 2015 LIT Miningscout Interview 1 page (292kb)VIEW MORE
27 April 2015
Helmsec Research Report 8 pages (452kb)
30 April 2015
Quarterly Activities and Cashflow Reports 10 pages (941 kb)
28 January 2015
Quarterly Activities and Cashflow Reports 11 pages (181 kb)
31 October 2014
Quarterly Cashflow Report 6 pages (246 kb)
31 October 2014
Quarterly Activities Report 3 pages (113 kb)
30 September 2014
Annual Report to shareholders 59 pages (1.3 Mb)