Lithium Australia and Mineral Resources to form a joint venture.

Lithium Australia, a manufacturer of safer batteries, and Mineral Resources, a mining service company, agreed to form a joint venture. Financial terms were not disclosed. “We are thrilled by the formation of a new partnership with Mineral Resources, one of Australia’s largest and most prominent mining companies. MinRes is the perfect partner to complement our leading lithium extraction technology, given its extensive owned operations and strategic movement downstream into the battery materials sector. Securing a development partner is also noted as a significant step within Lithium Australia’s recently released roadmap and serves as a powerful validation of our patented technology. We are excited by the future opportunity to licence our proven highvalue technology to all existing and new lithium mines across Australia and the rest of the world,” Simon Linge, Lithium Australia CEO.