"The institute estimated that roughly 340,000 tonnes of lithium oxide deposits were found in a test site of 7.2 square km, indicating that the amount in the entire area could exceed five million tonnes."
In other words a "non commercial" discovery. Yes they will probably dig it up and send it for processing, if they find the additional 4.66 tonnes but in the scheme of things the find is meaningless!
Contrast that with the PLS reserves currently at 226mt and KB emphasising yesterday that our reserves have the potential for significant growth with additional exploration.
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