Lithium Australia NL (AU:LIT) has released an update.
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Livium Ltd, in collaboration with Mineral Resources, has successfully completed the pilot phase of its patented LieNA® lithium extraction technology, which aims to increase lithium yields from mining waste. The project, which was completed within budget, marks a significant milestone towards commercializing the technology, potentially enhancing profitability and sustainability in the lithium industry. Discussions are ongoing to finalize the next steps, with a joint venture planned to license the technology to third parties.
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