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Monash spinout ElectraLith closes $27.5M round to advance clean lithium production

Monash University spinout ElectraLith has closed an oversubscribed AUD 27.5 million Series A funding round to advance the development and deployment of its first field-based pilot plant.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.