Australia’s only battery recycler now 90% owned by Perth’s Lithium Australia

Envirostream's battery pulveriser. Image Provided
Media Release

Lithium Australia NL (‘the Company’) has now increased its stake in Envirostream to a 90% ownership interest. For further information in relation to this transaction, refer to the Company’s ASX release dated 6 December 2019.

Comment from Lithium Australia managing director Adrian Griffin, “Envirostream offers a complete recycling solution for spent lithium-ion batteries, and in so doing is helping to safeguard the Australian environment by diverting toxic materials from landfill. With recycling yields exceeding 90% by weight, our business is a major contributor to the sustainability of the battery industry.”