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14 Jun

Lithium Australia, SungEel ink new MMD offtake deal

Envirostream Australia, a subsidiary of Lithium Australia, has inked a mixed-metal dust (MMD) offtake agreement with South Korean battery recycler SungEel HiTech. Under the three-year agreement, SungEel will purchase at least 60% of Lithium Australia’s yearly MMD production. Yet, Lithium Australia did not disclose the financials of the deal. Recovered from spent lithium-ion batteries, MMD or black powder contains cobalt, nickel, and lithium, which can…
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