Lithium Australia (ASX:LIT) will, subject to regulatory requirements, acquire 100% of the Sadisdorf lithium/tin resource from Tin International AG. Consultant CSA Global has estimated that the Sadisdorf Project has an Inferred Mineral Resource of 25 million tonnes grading 0.45% Li2O¹. Significantly the lithium is contained within lithium micas within alteration around tin mineralization, the latter being the subject of historic mining. The lithium micas can be readily concentrated after the removal of tin by conventional gravity separation. Lithium has been very successfully extracted from Sadisdorf mica concentrates using LIT’s SiLeach® process.
Adrian Griffin, managing director of Lithium Australia NL (ASX:LIT), speaks to Proactive Investors about the integrated battery metal producer’s proprietary SiLeach® lithium processing technology.
Last week the company applied for two global patents relating to the production and recovery of lithium phosphate and lithium sulphate from lithium-bearing silicates.The enhancements will reduce capital and operating costs and improve product quality.
“For us it is the silver bullet because potentially it reduces capital costs and operating costs, so that’s quite significant. It also helps us produce a lithium chemical with a much higher purity; we can take the lithium through to carbonate or hydroxide, or as the phosphate as the case may be. And that step – removing the lithium as a phosphate – is not only a step that takes the lithium out of solution at lower concentrations, but also helps us to purify that solution as we do that process,” explains Griffin.
Lithium Australia NL (ASX:LIT) managing director Adrian Griffin speaks to Proactive Investors about the integrated battery metal producer’s recently announced purchase of the Sadisdorf Lithium Tin Project in Saxony, Germany from Tin International AG.
It was a farm-in and joint-venture with Tin International. The recent drilling that we’ve done does confirm the size of the deposit, and it’s open, so will grow… We’ve looked at the mineralogy, we know what the lithium distribution is, we’ve got access to underground workings so we’ve re-sampled much of that. So we can see the deposit in three dimensions, you can walk through it, and that gives you a lot of confidence. Not only that, we have produced lithium concentrate from it, and taken that right through to the extraction of lithium. So we see it as relatively low risk,” says Griffin.
Lithium Australia NL (ASX:LIT) Managing Director Adrian Griffin tells Proactive Investors the lithium mining company is in New York for the 121 Mining Conference and has some exciting news regarding significant cobalt findings.
Griffin says Lithium Australia had found extensive copper vein systems at their Eichigt project in Germany, discovering not only copper but lithium and cobalt within the vein. Griffin says the most recent samples have come up to about 1.5% cobalt, about 0.5% copper, and 0.7% lithium.
Lithium Australia NL (ASX:LIT) managing director Adrian Griffin speaks to Proactive Investors about the integrated battery metal producer’s recent surprise discovery of cobalt at the Eichigt project, near its flagship resource at Sadisdorf in Saxony, Germany.
“The style of mineralisation is quite interesting in that copper, cobalt, manganese and lithium doesn’t occur together in many mineral occurrences… we are of course on the doorstep of the EV industry in Europe, and that EV industry will have a requirement for a lot of cobalt over the next few decades, I would imagine, and beyond. So this gives us a very good exploration target to service those markets,” says Griffin.
Lithium Australia NL (ASX:LIT) managing director Adrian Griffin explains the company’s innovative and integrated approach to producing the in-demand battery metal, which includes proprietary technologies for tailings processing and battery recycling.