NT government extends MOU with Avenira to build lithium battery plant

The Market Herald06-25

Avenira Ltd (ASX:AEV) has announced its existing binding MOU with the NT Government to collaborate on a lithium battery cathode plant has been extended til 2025. A revised project timeline released ...

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The NT government features the project on a webpage it","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","PLS.AU":"PILBARA MINERALS LTD","ALE":"阿里特","BK4081":"电力公用事业","XJO.AU":"标普/澳交所 200指数","XKO.AU":"标普/澳交所 300指数","AEV.AU":"AVENIRA LTD","BK7095":"多种金属与采矿"},"translate_title":"北部地区政府延长与Avenira的谅解备忘录以建设锂电池工厂","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AEV.AU":1,"ALE":1,"PLS.AU":1,"XAO.AU":0.61,"XJO.AU":0.61,"XKO.AU":0.61},"content_text":"Avenira Ltd (ASX:AEV) has announced its existing binding MOU with the NT Government to collaborate on a lithium battery cathode plant has been extended til 2025. \nA revised project timeline released by Avenira on Tuesday showed it expects to complete a bankable feasibility study by December this year.\nA complete project proposal and early location decision must be made by the first of March and June next year respectively.\nThe three way MOU is between ASX-listed Avenira, the NT government, and an entity called Advanced Lithium Electrochemistry Ltd (ALE).\nWorth noting is ALE’s presence – the company is Taiwanese – working on an Australian sovereign critical minerals project in the country’s northernmost territory closest to Asia. \nThe NT government first inked the MOU in 2022, saying it would assist with connecting any project and plant to infrastructure. \nThe plant is, in formal parlance, a lithium ferro phosphate (LFP) battery cathode manufacturing facility. 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