Progress update LieNA piloting under JDA with MinRes

Lithium Australia confirms that the initial stage of piloting at ANSTO has been successfully completed, and we are on track to commence production of lithium phosphate from late June 2024.

The key activities and studies are proceeding as planned, with the potential for a joint venture between Lithium Australia and MinRes to commercialize the LieNA® technology after completion of piloting and the engineering study (which is also advancing as planned).

The JV aims to license the technology to global miners at a gross product royalty rate of 8%.