Lithium Australia NL (AU:LIT) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Livium Ltd, in collaboration with Mineral Resources, has successfully completed the pilot phase of its patented LieNA® lithium extraction technology, which aims to increase lithium yields from mining waste. The project, which was completed within budget, marks a significant milestone towards commercializing the technology, potentially enhancing profitability and sustainability in the lithium industry. Discussions are ongoing to finalize the next steps, with a joint venture planned to license the technology to third parties.
For further insights into AU:LIT stock, check out TipRanks’ Stock Analysis page.