LIT Assets and Processing Technology

I am working as Technical Manager in Mineral Processing Industry last 25 years with professional and academic degrees. I believe I have sufficient knowledge of Hydrometallurgical Leaching Process for Li and I would like to share my experience with you.

LIT has applying hydrometallurgical process, "The Sileach Process", for the recovery of lithium from spodumene. Sileach technology has demonstrated lithium extractions from alpha-spodumene. This technology is the best hydrometallurgical process in current environment.

The recent speculation regarding Sileach Process has no logic at all. It is not related viability of the technology.

LIT currently has very valuable assets and the best processing technology, even has L-Max® exclusive processing rights for use in Western Australia (WA) and two projects internationally.

Key features of the Sileach™ hydrometallurgical process include:
Universal leaching process for Li ores such as spodumene, micas, jadarite and clays
Low energy, no roasting required
low cost
Low temperature / atmospheric pressure
Rapid reaction times

The question is why the others trying to undermine LIT success on development of the Li extraction technology?

Lithium Australia (LIT) will commercialize its proprietary Sileach™ technology, establishing mineral treatment hubs that supply premium lithium chemicals reliably and cost-effectively to fuel the lithium power revolution for decades to come.

LIT assets:
Technology

Sileach™ versatile process for all lithium
silicates – 100% LIT.
LieNA™ lithium from spodumene in caustic solution – 100%.
L-Max® exclusive processing rights for use in Western Australia (WA) and two projects internationally.

Projects
Six exploration projects in WA.
One exploration project in the Northern
Territory and one in Queensland.
Mexican joint venture with Alix Resources.
Sileach™ development agreement with
Pilbara Resources for spodumene processing.
Significant shareholding in LiGeneration Ltd.

Sileach™ represents a mine-gate-to-consumer solution. A hydrometallurgical process ideally suited to the processing of spodumene, micas and off-specification lithium mineral concentrates, it produces high-purity lithium chemicals (hydroxide or carbonate) at a significant cost advantage compared to existing production. Sileach™ has inherent advantages over processes involving roasting and leaching in that: processing occurs at atmospheric pressure; energy input is significantly lower; the carbon footprint is small; recovery from most lithium minerals is high, and extensive by-product credits are possible.

LIT is developing corporate alliances to supply feed to regional processing hubs. The first alliance was signed with Pilbara Minerals in 2017.
LIT will also ensure feed to regional hubs by developing its own project as a supply backup (or a primary source where appropriate).

To implement this strategy, LIT has taken strategic project positions in the following locations:

Pilgangoora
Ravensthorpe
Coolgardie/Kalgoorlie
Lake Seabrook
Lake Johnston
the Gascoyne
Greenbushes
the Northern Territory
Cape York, Queensland
Mexico

PS: I am not a financial adviser