Lithium Australia aspires to ‘close the loop’ on the energy-metal cycle. Its disruptive technologies are designed to furnish the lithium battery industry with ethical and sustainable supply solutions. Lithium Australia’s technology comprises the SiLeach® and LieNA® lithium extraction processes, along with superior cathode material production courtesy of VSPC Ltd (a wholly owned subsidiary of Lithium Australia) and enhanced recycling techniques for battery materials. By uniting resources and the best available technology, Lithium Australia seeks to establish a vertically integrated lithium processing business.
Adrian Griffin, Managing Director
What is your rationale for attending 121 Mining Investment?
At 121 Mining Cape Town, Lithium Australia is looking to connect with institutional and private investors and potential strategic partners to raise its profile in the investment community and to prepare for future funding requirements.
What are your key goals for the next 3, 6 and 12 months?
Completion of PFS for VSPC cathode production plant
Product testing of LIT’s 100% VSPC battery cathode materials with customers in China and Japan
Spinout of Battery Recycling Business
Divestment of Greenbushes project adjacent to the worlds biggest Lithium Mine
Partnering for the development of its hydrometallurgical lithium mica and fine spodumene processing technologies
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
The risks are financing, technical and implementation risks, mitigated by rigorous testing, good planning and strategic funding sources.
In a sentence, what do you think makes your company such a compelling investment?
LIT is on track to become a force in the lithium value chain, vertically integrating across resource > mine > lithium chemicals > Li-ion battery manufacture > battery metal recycling, leveraging off our 100% owned advanced mineral processing and battery technology, each of which have considerable environmental and sustainability credits over current high cost/ dirty technology (roasting). We aim to establish ourselves – and our partners – in the low end of the lithium chemical cost-curve (via SiLeach) while also tackling the high margin regions of the value chain (Li-ion cathodes) and get set in a future high value segment (battery metal recycling).