At Lithium Australia we are passionate about finding ways to energise a better world. Our end-to-end processes including extracting, processing, and recycling, accelerate us towards a decarbonised future – contributing to profits, people, and planet.
Introducing Lithium Australia
Our greater purpose
At Lithium Australia, we lead the circular economy in electrification – creating solutions for the lithium-ion circular battery materials industry. We are proudly Australian, with values of environmental stewardship and social responsibility. Our cutting-edge technology, indisputable science, and inventive solutions deliver for all.
We are inspired by our people’s passion to deliver a zero-carbon environment. And empower them with a workplace where respect and safety thrive. We are highly agile and responsive to clients, colleagues, our partners, and shareholders.
What we provide
Our values: SPARCS
Safety
We chose safety first every time, we don’t start unless it’s safe and we stop if it becomes unsafe.
People
We take a people centred approach. We are passionate about the difference we make. We are trusted by our partners and build meaningful, long standing relationships.
Active
We act in a purposeful way that involves positive action. We are clear on our role and what success looks like. We have a can-do attitude and strive to go the ‘extra mile’.
Respect
We respect and trust each other, and all have a voice. We listen intently to build mutual understanding. We solicit and act on feedback.
Creative
We use technology to develop innovative solutions to accelerate global electrification. We are first movers and ahead of the ‘game’.
Sustainable
We each play a role in making the world a better place. We are working towards a net zero-carbon environment by supporting global electrification.
Our team
Our Leadership Members
Past, present, future
Huge Demand
US$352bn
Global demand for lithium ion batteries forecast to grow by over 570% by 2030*.
Landfill Diversion
1,346,903
Total kgs of batteries Envirostream has diverted from landfill in 2023.
R&D Investment
$50,000,000
Over 15 years, LIT via VSPC has invested ~A$50 million in collaborative R&D to achieve this goal.
Reference: McKinsey & Company, Battery 2030: Resilient, sustainable, and circular (2023).
Joint Development Agreement
Joint development agreement entered into with Mineral Resources Limited (MinRes) related to LieNA® technology. VSPC product independently tested by Novonix.
Envirostream Acquisition
Acquisition of Envirostream, an operating recycling business. PFS completed for 10,000tpa LFP Facility.
VSPC Acquisition
Acquisition of VSPC, a developer of cathode active materials to enhance the battery technology portfolio.
Mining Exploration
Incorporated as an Exploration Company with activities across initially iron ore, copper and gold – Company name was Midwinter Resources NL and subsequently Cobra Montana NL.
Circular economy
Where we play
We seek to lead and enable the global transition to sustainable electrification, delivering a better world. We do this by providing critical materials for the circular battery industry through battery recycling, lithium chemicals and battery materials.
LIT covers every touchpoint of the lithium value chain through its operations and strategic agreements.
Exploration and Mining
Investments in lithium exploration assets
Lithium Chemicals
Patented lithium
extraction technology
- Current commercial lithium extraction yields are -50-70%1
- LIT’s technology can process fine and low-grade materials to improve mining yields by up to 50%1
Battery Materials
Patented battery materials production process
- 95%+ of the world’s lithium ferro phosphate (LFP) is manufactured in China2
- LIT have verified it’s LFP product, manufactured using a commercially competitive process
Battery Manufacturing
Strong partnerships with leading battery cell manufacturers
Battery Recycling
Revenue generating battery recycling operation
- Lithium-ion battery waste is expected to grow at 20% per year through to 20363,4
- LIT is Australia’s leading lithium-ion battery recyclers with on-shore processing capabilities
Notes 1. Assumes existing mine concentrator is 60%; 60%-90% Li recovery increase assumed lithium extraction technology recovers 75% of lithium units going to tails, 2, IEA, Global EV Outlook (2023), 3, Randell Environmental consulting, Waste lithium-ion battery projections (2016) 4, CSIRP, Lithium-ion battery recycling (2023).
Corporate
To reach Net Zero 2050, battery innovation is required. Supporting battery technology innovation is critical to tackling Australian policy objectives, by lowering costs, increasing safety, enabling availability and uptake, and to meet demand.
