The Australian Federal Government has supported Lithium Australia NL (ASX:LIT) as the Company moves to commercialise its Sileach™ process for recovering metals, lithium in particular, from silicate minerals.
As quoted in the press release:
The Government has granted Perth-based Lithium Australia an Innovations Connections Grant under the Entrepreneur’s Programme run by the Department of Industry and Science.
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 application of Lithium Australia’s Sileach™ process to aid the recovery of lithium from micas. The Sileach™ process is designed to recover lithium from silicates without the expensive roasting step that has long been the main stay of the lithium recovery process.
Lithium Australia NL Managing Director, Adrian Griffin, stated:
Lithium Australia’s 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 minerals including spodumene and mica. We welcome the Federal and WA Government’s support to be innovative, and this “ideas boom” ideally suits our project development goals.
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