Lithium Australia receives Federal grant

Published at Mar 15, 2016, in Mining

Lithium Australia (ASX:LIT) has been awarded an Innovations Connections Grant by the Australian Federal Government as it moves to commercialise its SileachTM process for the recovery of metals – lithium in particular – from silicate minerals.

The Grant is a part of the Entrepreneur’s Programme run by the Department of Industry and Science.

“We welcome the Federal and WA Government’s support to be innovative and this ‘ideas boom’ ideally suits our project development goals,” said Lithium Australia Managing Director Adrian Griffin.

Griffin said the Sileach process has the potential to catapult Australia into the forefront of the lithium battery boom by supplying optimal grade and purity material from low energy production of lithium chemicals.

“These can be produced from a range of materials including spodumene and mica,” said Griffin.

Under the terms of the grant, LIT will partner with ANSTO Minerals (a division of the Australian Nuclear Science and Technology Organisation).

The initial program will focus on the how the Sileach process aids the recovery of lithium from micas.

The Sileach process could soon disrupt the lithium market by bypassing third party refiners.

The grant will enable LIT to further accelerate its commercialisation ambitions.



S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Thanks for subscribing!