Battery recycler in Korean deal

LITHIUM Australia-subsidiary Envirostream Australia will supply mixed metal dust to South Korea’s largest battery recycler SungEel Hitech, as part of an offtake deal that could, according to Lithium Australia managing director Adrian Griffin, solve the country’s LIB disposal crisis.

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SungEel President Kang Myung Yi and Envirostream MD Andrew Mackenzie shaking hands after signing the offtake MoU.

Just under a month since Lithium Australia upped its stake in Envirostream to 24%, the only company in Australia actively creating battery materials from spent LIBs has signed a memorandum of