Lithium Australia Ltd (ASX:LIT, OTC:LMMFF) CEO and managing director Simon Linge sits down with Proactive’s Elisha Newell to discuss a new deal with Korean partner SungEel HiTech Co. to facilitate mixed metal dust (MMD) sales overseas. A recently inked memorandum of understanding seeks to formalise the relationship between the two entities, paving the way for SungEel to offtake ‘black powder’ — a material-rich recycling byproduct that can be brought back into the battery production chain. Linge says offtake agreements are key to LIT’s recycling mission, with scope for a relationship like this to evolve into a joint development agreement with SungEel down the line.
Lithium Australia strikes key partnership with Korean battery recycler
