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Adrian Griffin, managing director, commented: “Lithium Australia has maintained a policy of creating real value for shareholders.” MetalsTech has an interest in six lithium projects. Lithium Australia will give its shareholders priority in the upcoming proposed MetalsTech Ltd initial public offering.
Lithium Australia closed its share purchase plan (SPP) yesterday which had the capacity to raise up to $12.64 million before expenses. LIT has closed its share purchase plan. Eligible shareholders were able to acquire between $2,000 and $15,000 worth of fully paid ordinary shares without incurring brokerage or any other transaction costs
Lithium Australia NL (ASX:LIT) has become the first company in the world to perfect portable laser technology for real-time, in-field soil geochemistry assays for lithium. Lithium Australia in world-first. The company first revealed its collaborative agreement, to develop LIBS technology for geochemical applications, with US based SciAps Inc (SciAps), in December 2014.
The owners of low grade, uneconomic Lithium deposits around the world might end up being in the money after all given ASX listed Lithium Australia’s announcement that their much talked about, new, low cost method of processing Lithium might actually work.
Lithium Australia NL (ASX:LIT) continues to add to its portfolio of lithium prospects by discovering lithium bearing pegmatites at its Lake Johnston project in Western Australia. Rock chip samples grading up to 3.94% lithium oxide were identified during reconnaissance exploration.

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The Power of 3

In this issue:

Going off the grid big time
Lakeland solar and storage project
To infinity and beyond?
Tesla’s Solar Shingles
Veladero gold mine – Argentina

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