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19:32
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Originally posted by GoSpaceMan:
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Some things to consider when comparing the PFS which used the results from ILiADs testing from March 2023, to the pilot plant announcement results announcement from December 2023 after 1 month of operation.From PFS average sodium concentration of 141 mg/kg . Sodium is one of the highest impurities.From Pilot Plant 95,460 mg/L to 61 mg/L in the concentrate.The purity of the DLEconcentrate has considerable potential to reduce downstream processing and conversion costs. Arizona Lithium Managing Director, Paul Lloyd, commented: “The pilot results continue to provide us withfurther confidence in the process and economics, which will be released in our upcoming PFS which willhighlight the forecasted economics of production in 2025. This pilot is the final step prior to commercializationand the results of the pilot plant continue to exceed my expectations in terms of both the concentration oflithium and the impurity rejection. This is all good news as we look to sanction a commercial facility followingthe PFS”.
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AZL does not control the final conversion price. Its a third party company and currently is only a guesstimate from an advisory board.
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