Total
0
Shares
Lithium Australia’s (ASX:LIT) two patent applications published
  • The World Intellectual Property Organisation, or WIPO, has published two of Lithium Australia's (ASX:LIT) patent applications
  • Publication of the application is the fourth of seven step to being granted a patent
  • The two applications are for details relation to the recovery of lithium phosphate and lithium sulphate
  • The process is designed to reduce the steps needed to produce battery cathode powders
  • If grated, the patent will provide legal protection for the process in international jurisdictions
  • Shares in Lithium Australia closed 25.8 per cent higher, worth 7.8 cents apiece at market close

The World Intellectual Property Organisation (WIPO) has published two of Lithium Australia's (LIT) patent applications.

This is the fourth of seven steps in the process to being granted a patent by the International Bureau of WIPO. These patents provide intellectual property right protection in jurisdictions under WIPO's governance.

Both applications, PCT/AU2019/050540 and PCT/AU2019/050541, relate to the recovery of lithium phosphate from lithium-bearing silicates and solutions.

The first, PCT/AU2019/050540, is described by Lithium Australia as a "process for recovering lithium phosphate and lithium sulphate from a lithium-bearing solution such as brine or pregnant process liquor."

The second, PCT/AU2019/050541, is explained by the company as "a process for recovering lithium phosphate and lithium sulphate from lithium-bearing silicates following the application of a fluoride-accelerated acid leach."

The recovered lithium phosphate is then able to be used for the production of lithium-ferro-phosphate. This is used in the production of battery cathode powder.

According to Lithium Australia, the technology in the application has the potential to reduce the environmental footprint of the lithium-ion battery sectors.

"The company has succeeded in developing technologies that improve the sustainability of, and reduce the environmental impacts associated with, the manufacture, use and disposal of lithium-ion batteries," said Managing Director Adrian Griffin.

"These technologies can facilitate vertical integration within the battery supply chain, potentially reducing the number of process steps involved and lowering costs for consumers. The ability to integrate metal recovery from lithium-ion batteries and regenerate cathode materials represents a major advance for the battery industry as a whole," he added.

The full patent application process can take several years before a patent is granted.

Shares in Lithium Australia closed 25.8 per cent higher, worth 7.8 cents apiece at market close.


Subscribe


LIT by the numbers
More From The Market Herald
Ionic Rare Earths (ASX:IXR) - Chairman, Paul Rovira - The Market Herald

" Ionic Rare Earths’ (ASX:IXR) metallurgical testing at Makuutu yields positive results

Ionic Rare Earths (IXR) has completed initial metallurgical testing samples collected from the Makuutu Eastern Zone.
Chase Mining (ASX:CML) receives more high-grade nickel, copper and PGE results from Alotta

" Chase Mining (ASX:CML) receives more high-grade nickel, copper and PGE results from Alotta

Chase Mining (CML) has received further high-grade nickel, copper and platinum group elements (PGE) results from drilling at its Alotta Project in Canada.
Trigg Mining (ASX:TMG) - Managing Director, Keren Paterson - The Market Herald

" Trigg Mining (AS:TMG) completes shallow rotary drilling at Lake Throssell

Trigg Mining (TMG) has completed the helicopter-supported shallow rotary drilling program at its Lake Throssell Sulphate of Potash Project ahead of schedule.
FYI Resources (ASX:FYI) - Managing Director Roland Hill - The Market Herald

" FYI Resources (ASX:FYI) completes second HPA production trial

FYI Resources (FYI) has successfully completed the second stage of high purity alumina (HPA) production from its facility in Welshpool, Western Australia.