Lithium Australia NL in an open playing field after litigation settlement
The company has settled litigation with Li Technology Pty Ltd.
Company
ASX:LIT
Livium Ltd is Australia’s leading battery recycler through its wholly owned subsidiary Envirostream — a profitable business focused on the recovery of valuable materials from end-of-life batteries.
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The company has settled litigation with Li Technology Pty Ltd.
The company owns hard rock lithium projects in Quebec, Canada.
LIT is the owner of the Sileach™ and LieNa™ lithium extraction processes.
The company is a developer of disruptive lithium extraction technologies.
Parkway Minerals currently owns 97 million Lepidico shares.
The offer is a 13% premium to the prices of both companies.
Lithium Australia is trading up 30% over the past month.
Lithium Australia NL (ASX:LIT) has used newly acquired airborne geophysics data to identify known and possibly buried lithium-tantalum bearing pegmatites at the Mt Day and Lake Johnston projects, located 420 kilometres east of Perth.
Operations at ANSTO have demonstrated the production of battery grade lithium carbonate.
Lithium Australia (ASX:LIT) is targeting the recycling of technology metals, including lithium, as part of its broader strategy to generate a range of products.
Lithium Australia NL (ASX:LIT) and joint venture partner Alix Resources Corp (AIX, TSX:V) have despatched the first samples from for metallurgical testing at Kappes Cassiday and Associates in Reno, Nevada.
Lithium Australia NL has had its trademark application for LieNA™ accepted for registration.
Lithium Australia NL (ASX:LIT) recently completed an infill airborne magnetic and radiometric survey over a portion of the Company’s Mt Day and Lefroy Exploration (ASX:LEX) Lake Johnston Project, 120 kilometres west of Norseman.
Lithium Australia NL (ASX:LIT) has provided an update on the Sileach™ spodumene pilot plant commissioning on Pilbara Minerals (ASX:PLS) concentrates.
Lithium Australia (ASX:LIT) commenced just under a week ago a 24 hour commissioning run of the Sileach™ pilot plant for the processing of spodumene concentrates supplied by Pilbara Minerals (ASX:PLS).
Lithium Australia NL (ASX:LIT) is re-commencing pilot testing at ANSTO Minerals (a division of the Australian Nuclear Science and Technology Organisation).
MetalsTech Limited is seeking to raise up to $6 million.
Lithium Australia has advanced commercialisation of the revolutionary Sileach™ process.
The partners are planning maiden drilling in the March quarter 2017.
Adrian Griffin, managing director, commented: "Lithium Australia has maintained a policy of creating real value for shareholders."