trending Market Intelligence /marketintelligence/en/news-insights/trending/LS4ExjMXKcjLqpVClmxsVw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Lithium Australia to up stake in battery recycler Envirostream to 90%

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

Mining Exploration Insights: Is the exploration sector back on recovery?

State of the Market: Mining Q2-2019


Lithium Australia to up stake in battery recycler Envirostream to 90%

Lithium Australia NL agreed to increase its interest in the Australian lithium-ion battery recycler, Envirostream Australia Pty. Ltd., to 90% from 73.7% by paying A$250,000 in cash.

The company said Dec. 6 it will appoint two directors to Envirostream's board, including the chairman. Lithium Australia will also repay A$250,000 of Envirostream's loans over nine months.

Envirostream recently achieved first production of high-value mixed metal dust, containing cobalt, nickel, lithium and carbon, from its new battery recycling plant in Melbourne, and said the first shipment is imminent.

The Melbourne processing facility can recycle up to 3,000 tonnes per annum of spent batteries.