Lithium Australia NL Sustainability and Battery Recycling Strategy slide image

Lithium Australia NL Sustainability and Battery Recycling Strategy

Enhancing investment opportunities for shareholders Raw material Lichemicals Lithium Australia NL Recycling Batteries The Company is currently focusing on near-term revenue from those of its business units closest to generating income; i.e. Soluna Australia Pty Ltd ('Soluna') and Envirostream. Soluna (50% Lithium Australia) is anticipating positive cash flow by December 2020, after: ■ receipt of approvals for its energy-storage system ('ESS') products from Australia's Clean Energy Council; ■ orders for its residential ESS being received and installations commenced, and ■ strong interest in battery ESS from both retail and commercial sources. Envirostream (90% Lithium Australia) expects significant revenue growth in the 2021 financial year, as a result of: commodity prices strengthening since March 2020; ▪ new copper and aluminium recovery circuits being commissioned; battery collection initiatives being expanded to strengthen revenue; ▪ off-take agreements for recycled alkaline battery dust (zinc oxide and manganese oxide) being negotiated. Reduction in Company outgoings ◉ Activity in capital-intensive business units affected by travel bans decreased. ■ Cash reserve as at 30 June 2020 = $3.7 million. ■ Significant research and development ('R&D') tax refunds expected in the coming six months. 7 August 2020 Copyright 2020, Lithium Australia NL
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