Lithium Australia Nl (LIT:ASX)
Lithium Australia NL is an Australia-based company that focused on developing, processing technologies for the battery industry. The Company's operating segments include Tenement exploration and evaluation, and Processing technology. The Tenement exploration and evaluation segment includes the exploration of current projects and the evaluation of new ones. This segment also includes segment assets, including acquisition costs of exploration licenses and all expenses related to the tenements. The Processing technology segment includes the development of processing technology for lithium extraction. The Company's business divisions include raw materials division, lithium chemicals, technologies, batteries division, recycling division. Its technology includes LieNA and SiLeach. LieNA is a caustic conversion process used to treat the lithium ores spodumene and petalite. SiLeach is a process designed to recover lithium from micas.