Lithium Australia’s SiLeach® patent gets approved, stock up ~4.17 per cent

  • October 28, 2020 05:29 PM AEDT
  • Team Kalkine
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Lithium Australia NL (ASX: LITreceived a ‘Notice of Allowance’ from the US Patent and Trademark Office for Lithium Australia’s SiLeach® patent application US 16/076,643 filed in August 2018.

SiLeach® is a fluorine-assisted acid-leach recovery process designed for the recovery of lithium and other valuable by-products from mica and clays. The technique offers a short-cut in the production of lithium-ion batteries and reduces the cash outlay for evaporators and the high energy cost associated with evaporation.

On 28 October 2020, at AEST:12:56 PM, LIT was trading at AUD 0.050, up by 4.166 per cent.

 


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