Micronutrient field trial by Lithium Australia's Envirostream delivers promising results

November 11, 2020 04:36 PM AEDT
Team Kalkine

Team Kalkine
16931 Posts
Team Kalkine comprises of experts who understand various markets nuances and are enthusiastic and passionate to provide best possible offerings in the form of insights and stories. The team has rich experience of working across different markets with...

The field trial by Lithium Australia NL's (ASX: LIT) 90% owned subsidiary company Envirostream Australia Pty Ltd produces promising results during the initial outcomes.

Envirostream is conducting a farming field study for using zinc and manganese, extracted as by-products during recycling of alkaline batteries, in plant fertilisers as micronutrients to conventional mono-ammonium phosphate (MAP) fertiliser.

The field results show these by-products are immensely promising as a micronutrient for broad acre farming. The plants which received these fertilisers will be harvested in mid-December 2020 for grain sampling to complete the study.

On 11 November 2020, at AEST:1:16 PM, LIT was trading at AUD 0.053, up by 1.923%.

Disclaimer

The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on 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. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.