Lithium Australia NL (AU:LIT) has released an update.
Lithium Australia NL has issued over 2 million shares in a move detailed in a previous announcement, ensuring compliance with the necessary legal and corporate regulations without the need for a disclosure under Part 6D.2 of the Corporations Act. The company, which is at the forefront of the sustainable lithium production industry and operates Australia’s leading battery recycling business, seeks to capitalize on the increasing global demand for lithium-ion batteries.
For further insights into AU:LIT stock, check out TipRanks’ Stock Analysis page.