Lithium Australia Commences LieNA® Pilotingunder JDA with Mineral Resources Ltd

Release Highlights:

• Lithium Australia is pleased to announce that piloting has begun for its LieNA® technology under the Joint Development Agreement (JDA) with Mineral Resources Ltd. (MinRes). This follows the successful commissioning of equipment and the receipt of raw material samples from MinRes.
• Objective and scale-up: The piloting aims to demonstrate the LieNA® technology on a larger scale, building on previous successful laboratory-scale tests. The results will support an engineering study for a demonstration plant, which MinRes has the option to independently fund, develop, and operate.
• Future joint venture: Upon successful completion of the piloting and engineering study, Lithium Australia and MinRes will establish a 50:50 joint venture to commercialize the LieNA® technology through a licensing model.