AMAL’s Chief Executive Officer Mr. Tjandra Pramoko commented, “The progress at our mine is very encouraging and we look forward to the resource figures by early April. We are on schedule to have lithium production towards the end of the year.
Our tantalum resources remain an important component and an increase in tantalum reserves will be an added benefit. Extra revenue from this will help cover mining costs for lithium processing.
We are confident that the spodumene concentrate from our mine will be of high grade and we are starting preliminary talks with some potential offtake parties.”