Lithium Australia NL (ASX:LIT) (OTCMKTS:LMMFF) (FRA:3MW) shareholders have fully paid the balance unpaid on 22,079 LITCF partly paid ordinary shares, raising A$11,082.
The shareholders paid $0.0499 for each LITCF, with 113,968,755 LITCF remaining on issue.
Around 222,079 LITCF party paid shares have been fully paid and have become fully paid shares in the company.
Statements will be issued shortly to those shareholders who paid all outstanding amounts on their LITCFs.
Lithium Australia requests that ASX change the designation of these 222,079 LITCF shares to the ASX code LIT accordingly.
Envirostream kicks off field trial program
LIT’s recycling division Envirostream Australia has started its expanded field trial program for 2021 following successful trials last year using recycled alkaline battery material as a fertiliser micronutrient.
The expanded program is targeting manganese-deficient soil types and will assess two products based on positive outcomes of the process development for the separation of manganese from single-use alkaline batteries.
Seeding has been undertaken at three West Australian sites (in collaboration with Summit Fertilizers), along with one dedicated Envirostream site in WA and one trial site in South Australia.
The range of sites will allow the company to test the performance of the recycled battery material across varying broadacre soil types.