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Mining

Lithium Australia advances recycling plans for technology metals

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.

The company would do this by applying processes with a low-energy footprint, and with minimal exposure to mining costs.

Lithium Australia will evaluate the logistic chain from “cradle to grave” to determine the deportment of all components of lithium ion batteries and develop a strategy to maximise the recovery of all materials used in the products at the end of their useful life.

Adrian Griffin, managing director, commented: "We see a lot of waste in the mining industry as a consequence of imposing high cutoff grades to lithium deposits.

"This is not sustainable and Lithium Australia is developing the technologies to rectify the situation.

"We see the recycling of batteries in a similar light.

"Legislative changes, on a global basis, are likely to force industry into more responsible recycling programs and Lithium Australia is positioning itself to become part of the solution."

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