WIPO Publishes Two Lithium Australia Patent Applications; Stock Zooms Up 25.81%

  • Jan 14, 2020 AEDT
  • Team Kalkine
WIPO Publishes Two Lithium Australia Patent Applications; Stock Zooms Up 25.81%

Perth-based Lithium Australia NL (ASX: LIT), focussed on delivering sustainable, efficient processing and production options for the lithium-ion battery (LIB) industry, announced on 14 January 2020, that the International Bureau of the World Intellectual Property Organisation (WIPO) has published two LIT patent applications for the recovery of lithium phosphate from lithium-bearing silicates and solutions. Publication is a key step towards obtaining a patent grant, which provides legal protection in international jurisdictions.

Intellectual property (IP) is a valuable asset derived from the company’s research & development (R&D) activities and managed by way of formal patent processes to retain the ‘know-how’ as trade secrets, with the support of specialist legal practitioners.

Production of lithium phosphate is a unit process common to Lithium Australia’s both SiLeach® and LieNA® technologies, which potentially reduce the number of processing steps to produce battery cathode powders. These innovative processes have resulted in unit process enhancements that optimise the recovery of lithium from low tenor solutions, along with management of water-balance challenges, for delivering high-quality lithium phosphate. These unit processes are the subject of the above-mentioned patent applications.

Patent Applications: Patent application PCT/AU2019/050540 is regarding the company’s technology for recovering lithium phosphate and Li2SO4 (lithium sulphate) from a lithium-bearing solution (brine or pregnant process liquor). During the test-work undertaken before the conclusion of the SiLeach® pilot programme held in August/September 2018, an innovation was developed that resulted in the company applying for a patent protection. This innovative unit process also finds an application in the company’s LieNA® technology.

The second patent application PCT/AU2019/050541, which also includes developments from PCT/AU2019/050540, details additional upgrades in the SiLeach® process.

Lithium phosphate produced through the company’s proprietary technologies meets the specification necessary for its use as feedstock in the production of lithium-ferrophosphate (LFP), a cathode precursor material in the manufacture of batteries for energy-storage system as well as transport applications (electric vehicles).

The Patents granted by the International Bureau of WIPO provide IP protection in jurisdictions governed by WIPO. The publication of Lithium Australia’s patent applications is a crucial fourth step in the seven-step process for the granting of patents within these jurisdictions, which can take several years to achieve.

Good Read: Lithium Australia's Calendar Year 2019 At A Glance

Stock Performance: Lithium Australia has a market capitalisation of AUD 34.52 million with ~ 556.77 million shares outstanding. On 14 January 2020, the LIT stock settled the day’s trading higher at AUD 0.078, zooming up 25.806% by AUD 0.016 with ~ 14.53 million shares traded.

Also, LIT has delivered positive returns of 19.23% in the last six months, 37.78% in the last three months and 14.81% in the last one month.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is sponsored but NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. We are neither licensed nor qualified to provide investment advice through this platform.


All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK