LMMFF - Lithium Australia and MinRes forge ahead with LieNA® pilot program

(NewsDirect)

Lithium Australia Ltd(ASX:LIT) managing director Simon Linge discusses with Proactive’sJonathan Jackson progress on its Mineral Resources Ltd partnershiphaving embarked on a pilot program for LieNA® processing technology.Linge elaborates on the joint development agreement, underscoring thetechnology's ability to recover lithium from mining waste,potentially transforming waste management and lithium extraction inthe mining industry.

The pilot is being conducted in collaboration with theAustralian Nuclear Science and Technology Organisation (ANSTO), andaims to scale up the lab-tested LIT LieNA® technology, which hasshown promising results in extracting high-quality lithium. Thisinitiative is pivotal to refining the process and preparing for alarger-scale demonstration, with ANSTO providing crucial support inprocess development and research services.

The outcomes of this pilot program will guide the engineeringstudy for a demonstration plant, possibly leading to independentdevelopment and operation by MinRes. The collaboration is poised tocommercialise LieNA® through a licensing model, aiming for a 50:50joint venture that will manage the technology's global licensing,with a focus on greenfield and brownfield spodumene mines.

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

jonathan@proactiveinvestors.com

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