Progress into the final phase of LieNA® piloting under JDA with Mineral Resources Limited
HIGHLIGHTS
◼ Lithium Australia has successfully completed the initial stage of LieNA® piloting with Mineral Resources Limited (“MinRes”) at ANSTO1 to produce an intermediate product
◼ The intermediate product is used as a key input in the final LieNA® pilot plant at ANSTO to produce lithium phosphate, which is commencing in late June 2024
◼ Key LieNA® piloting and study activities remain on track for completion in 2024
◼ Subject to the results of piloting at ANSTO and the engineering study, Lithium Australia and MinRes will form a joint venture to commercialise the LieNA® technology
Comment from Lithium Australia CEO and Managing Director, Simon Linge
“We are pleased to announce the completion of the first phase of LieNA® piloting at ANSTO. This milestone leads us into the final phase of piloting, which is to produce high quality lithium phosphate. The rapid progress of piloting highlights Lithium Australia and MinRes’ mutual commitment to the successful commercialisation of the LieNA® technology.
We look forward to announcing further updates on piloting operations and the demonstration plant engineering study in the coming weeks and months, with each milestone completed marking the progress made towards the formation of a JV between Lithium Australia and MinRes. The licensing of LieNA® remains an exciting opportunity for the Company and we will continue to progress JDA activities towards completion during 2024.”
