LIT Projects & Assets, page-27

The following information is well describe LIT assets and technology.

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. 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.

PS: L-Max can only apply mica. This is obvious limitation of this process.

Key features of the Sileach™ hydrometallurgical process include:

Universal leaching process for Li ores such as spodumene, micas and clays
Low energy, no roasting required
low cost
Low temperature / atmospheric pressure
Rapid reaction times

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.

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 Projects:
Tin International
Leaching results at Mexican lithium project
Ravensthorpe mineralised zone
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 Li Generation Ltd.

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