Sure beats mining it – sucking millions in lithium and nickel out of old lithium batteries

Lithium Australia will get a $2 million windfall for selling its remaining 30 per cent interest in the Lake Johnston lithium project near...

Lithium Australia announce fifth consecutive quarter of profit. Credit: File. A record breaking 29 per cent increase in battery collection, an agreement with MinRes and the fifth consecutive quarter of gross profits have rounded a solid quarter for Lithium Australia. The company collected a whopping 413 tonnes of batteries last quarter, with higher-margin Lithium-ion batteries representing 44 per cent of collections that it will harvest lucrative battery metals from. And the

Lithium Australia test plant. Credit: File Independent testing by Novonix Battery Technology Solutions has found Lithium Australia’s lithium ferro phosphate (LFP) cathode material to be of high quality – either matching or exceeding competitor products across the key parameters of capacity, stability and high temperature performance. Testing by the battery materials research and development services expert suggests the company’s product is an attractive alternative in the exi

Lithium Australia has increased revenue due to its battery recycling division. Credit: File A significant increase in recycling division sales has doubled Lithium Australia’s annual revenue in the past financial year to $5.5 million, up from $2.5 million during the previous reporting period. The company’s annual financial report also reveals that associated sales costs were cut by $600,000 down to $4 million, resulting in a gross profit of $1.5 million compared to a gross los

New Lithium Australia managing director Simon Linge. Credit: File Newly-appointed Lithium Australia managing director Simon Linge has vowed to fast-track the company’s development as the Perth-based battery innovator moves to commercialise its patented technologies. Mr Linge has more than 25 years of global manufacturing, recycling and engineering services experience and as the company’s chief executive officer, contributed to the landmark development agreement signed earlier

There can be no greater showcasing of lithium’s rise to super-prominence than having the silvery-white metal take centre stage during the biggest annual week in Western Australia’s traditional gold mining heartland. To be fair, the precious yellow metal was still far from just an onlooker at Kalgoorlie’s renowned Diggers and Dealers Mining Forum last week, with pivotal moments including Auric Mining’s reveal that it had delivered all of the gold from the first 36,000-tonne pa

Lithium Australia has signed a deal with mining giant Mineral Resources to develop its LieNA technology. Credit: File A new deal locked away with mining heavyweight Mineral Resources has sent Lithium Australia’s share price flying this morning. MinRes has agreed to help progress Lithium Australia’s lithium extraction technology LieNA by solely funding the development and operation of a pilot plant up to the value of $4.5 million, in addition to providing the raw materials. Th

Lithium Australia has agreed to sell 70 per cent of its Lepidolite Hill lithium project to Eastern Resources. Credit: File Lithium Australia will fill its coffers to the tune of more than half a million dollars after entering into a binding agreement to sell 70 per cent of its Lepidolite Hill lithium project to Eastern Resources. The deal will see Lithium Australia collect $550,000 in three tranches, with a $50,000 deposit within 10 business days of the execution of the agree

Lithium Australia has made significant upgrades to its Campbellfield battery recycling facility during the March quarter. Credit: File Lithium Australia has recorded green gains after mixed battery collections by subsidiary Envirostream jumped more than 30 per cent to 364 tonnes in the March quarter, compared to 275 tonnes in the December quarter. According to the parent company’s latest quarterly report, Envirostream also generated a cash gross profit of almost $1 million in