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Lithium extraction startup raises $23m to boost production

Novalith Technologies, the creator of a novel lithium extraction process that uses carbonated water in place of sulphuric acid, has raised $23 million in Series A funding to scale up and commercialise its lithium production. 
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LAF Technologies Pty Ltd

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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.