"Engineering and processing works will involve evaporation field tests of the Salar’s brines prior to further processing. This test program will determine the operating conditions, mass balance and thermo-dynamical equilibrium of the ponds. A pilot plant simulation of lithium recovery will be carried out to determine the conceptual engineering parameters for the recovery, crystallisation and purification of lithium carbonate using brines recovered from the Salars, and also arranging trial products for product marketing and/or off-take agreement to ultimately prepare a bankable feasibility study. The Company is finalising arrangements with local contract service providers to commence works and expects regular news flow from its aggressive schedule of operations planned for 2016."
"The Company will work with its experienced in-country consultants to derive maximum benefit from these high quality assets and will conduct aggressive, targeted exploration works during 2016, and continue to pursue further exciting lithium projects in the region,” said Mr Zuvela."
AGY Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
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