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Lithium Australia (ASX: LIT)

One ASX lithium developer could have the keys to unlocking high-grade lithium for any manufacturer, or end-user, at a fraction of the current cost.

Lithium Australia (ASX: LIT) has its hands on two ground-breaking lithium extraction technologies that have the ability to process all lithium silicates without roasting.

These technologies form a major part of LIT’s gameplan and overall ambitions to become a premiere source of high-grade lithium products to the world.

As part of its broader plan, LIT recently drilled its first lithium drill hole at its Agua Fria Project in Sonora Mexico with strike potential verified at more than 5km and drill intersections of lithium bearing sediments commencing at surface.

Drilling is progressing well with five completed holes totalling 627 metres and assays only received for one hole, meaning there are plenty of potentially positive results to follow.

The information on this page should not be the only trigger for your investment decision. Click on the links below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

LIT is looking long term to build a commercial scale processing hub to be launched next year in tandem with other Sileach processing hubs in Europe and around the world.
With highly sought after technology, its own lithium projects being explored and a processing hub to follow, LIT is well on track to meet its global lithium ambitions.

Latest Article

LIT Technology Set to Unleash High-Grade Lithium?

The emergence of lithium as a staple commodity of world markets has been rapid, to say the least and as such it has brought several Australian ASX listed companies into play including Lithium Australia (ASX: LIT). What sets LIT apart from others in this space is this is not just a lithium exploration company, LIT also owns boundary-breaking lithium extraction, and processing technologies otherwise known as Sileach™ and LieNa™.

May 9, 2017 Continue Reading

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.

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