Lithium Australia NL Sustainability and Battery Recycling Strategy
Resource and exploration portfolio
Lithium Australia's resource and exploration portfolio has the potential to deliver raw
materials to its downstream business units in the future.
The Company's Sadisdorf lithium-tin project (100% Lithium Australia) is in
Germany, one of the fastest growing markets for battery raw materials. The project
comprises an historic tin mine in Saxony, a great mining province:
■ JORC 2012 Inferred Mineral Resource - 25 Mt at 0.45% Li₂O;
■ JORC 2012 Inferred Mineral Resource - 3.36 Mt at 0.44% Sn.
The Company also has a highly prospective portfolio of projects in premier lithium-
caesium-tantalum pegmatite regions within Australia. They include the following.
■ Stanifer (100% Lithium Australia) - located in Western Australia, next to Talison
Lithium's Greenbushes hard-rock lithium mine (the world's largest).
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■ Bynoe (100% Lithium Australia) – situated in the Northern Territory, within the
Bynoe Pegmatite Field, next to the Finniss project of Core Lithium Ltd (ASX: CXO).
Lithium Australia has entered into an agreement to explore the Coates Mafic
Intrusive Complex ('Coates'), located close to the recent nickel-copper-platinum
group elements discovery of Chalice Gold Mines Ltd (ASX: CHN) at Julimar. The
geology at Coates is similar to that at Julimar and is known to host base- and
precious-metal anomalies in soils overlying the mafic intrusion.
In order to rationalise its asset portfolio, the Company is seeking partners to assist
in advancing its non-core exploration assets.
24
August 2020
Raw material
Li chemicals
Lithium
Australia
NL
Recycling
Batteries
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