Ann: LIT company dashboard, page-5

  1. 6,758 Posts.
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    LIT is addressing the important issue of cost of production of chemicals for LIBs. In the end only the cheaper producers will survive. LIT keep working on process improvements.
    Potentially reduce the number of process steps to generate Cathode active materials used in LIBs. Patents applications made.
    Investigating the conversion of Lithium Phosphate directly to Lithium Hydroxide.
    Developed a cheap and simple way to remove impurities. Patent applications made.
    Significant progress made in relation to progress with DLG. Implementation plans to be made in July.
    Expect initial testing results of Cathode materials in August.
    Fast becoming a Tech company that has some potential resources.
    Not sure what to make of Youmanni Lithium and Vanadium. Wait and see on this. Same with the German Lithium resource. I guess when they get the VSPC, SiLeach and LieNA processes going well here they will transfer it to Germany to service the European demand.
    A spec with a chance of making it. I doubt DLG would deal with LIT unless they thought LIT were on to something genuine. Why would they waste their time? We will know more when the testing is completed in August.
    I doubt the Battery distribution will amount to much for a while anyway. What it will do however is give LIT first mover advantage when demand eventually picks up.
    They were good value under 5 cents last week.

 
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Last
1.1¢
Change
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Mkt cap ! $18.59M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $16.09K 1.468M

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19 3877128 1.0¢
 

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Price($) Vol. No.
1.1¢ 146504 2
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Last trade - 16.10pm 21/07/2025 (20 minute delay) ?
LIT (ASX) Chart
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