"The Company previously sent ore to Dorfner from the 1500 tonne bulk sample stockpile of raw material from its Wolfsberg mine. Utilising this bulk sample has allowed the complex metallurgical test-work to be undertaken before any final design of the hydrometallurgical production facility takes place."
The Company will update the market once Dorfner complete the full and final report which is anticipated within months. This report together with all other work will be collated and used to prepare the final DFS.
EUR Chairman Tony Sage commented on the news, “European Lithium has the major advantage of an existing permitted working mine in central Europe, to provide Dorfner with the tonnage needed to build a pilot plant and produce samples for met testing. Successful metallurgical testwork progresses our strategy toward the DFS that will see the Company advance towards becoming a near term, high quality battery-grade Lithium hydroxide (LiOH) producer.”
Ref: 29th Jan 2021 ASX annoucement
EUR Price at posting:
6.5¢ Sentiment: Hold Disclosure: Held
