Battery supply chain proponent takes new tack

Battery supply chain proponent takes new tack

Lithium Energy has snapped up the Mount Dromedary graphite project for $2 million to head a portfolio of Queensland assets with a combined 4.42Mt inventory of high-grade natural graphite. It is going ahead with the purchase instead of a previously proposed spin-out of its own natural graphite assets along with Novonix’s Mount Dromedary project via an initial public offering. Lithium Energy said the combination of Mount Dromedary and its adjoinin…