Intangible Assets

9 Months Ended

Mar. 31, 2021

Finite-Lived Intangible Assets, Net [Abstract]

Intangible Assets

5. Intangible Assets

During the nine months ended March 31, 2021, the Company acquired 55 acre feet portion of certain beneficial interests (“Water Interests”) dedicated to the City of Fernley by that certain Water Rights Deed from three parties for $817,000. These water rights occur in the Fernley Area of Nevada Hydrographic Basin 76, and ensure the Company’s lithium-ion battery recycling pilot plant will have adequate water to operate at full capacity once construction is complete.