Perth-based Lithium Australia NL (ASX: LIT) has announced that its energy-storage division Soluna Australia (a 50-50 joint venture between Lithium Australia and China-based DLG Energy Co. Ltd) has received approval from the Clean Energy Council (CEC), Australia’s peak body for clean energy, for the company’s battery energy storage systems.
The LIT stock was trading at $ 0.052, up 1.96% at AEST 11.39 PM on 16 June 2020, with a market cap of $ 30.54 million.
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