EDITOR: | June 17th, 2016 | 2 Comments

Lithium Australia sees key as bypassing middleman, dealing directly with users

| June 17, 2016 | 2 Comments
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Lithium Australia Adrian GriffinAdrian Griffin, managing director of Lithium Australia NL (ASX: LIT) presented at the 5th Annual Cleantech and Technology Metals Summit held recently in Toronto.

Lithium Australia is a dedicated developer of disruptive lithium extraction technologies including the versatile Sileach process which is capable of recovering lithium from any silicate materials. The company has strategic alliances with a number of companies, potentially providing access to a diversified global lithium mineral inventory.

In this video presentation, Adrian Griffin offers a critique of the present state of the lithium industry, including the description of brine extraction efficiency as akin to “sucking water out of a sponge with a drinking straw”, and hard rock processing as “throwing dollar bills into a furnace”.

He also:

  • Dissects the high cost problems with processing hard rock resources.
  • Explains why hard rock is where the smart money is going.
  • Outlines the ways in which the lithium industry can improve itself, including the need to bypass the converters and have a business that is “mine gate to battery supply”.

Disclaimer: Lithium Australia NL is an advertorial member of InvestorIntel.


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Comments

  • Bill

    I like the way Adrian Griffin thinks

    June 19, 2016 - 2:08 AM

  • Lok Chong

    Let us hope that Adrian’s unconconventional business approach will gain traction and result in desirable outcomes for efficient extraction of lithium carbonate embedded in hard rock as sustainable energy source, for LIT, its partners, and for their investors.

    June 21, 2016 - 4:02 AM

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