I am not sure why nobody else is celebrating this. This is massive.
Couple of takeaways:
"Testwork to confirm optimised FECAB and LCP flowsheets is now complete and production of significantquantities of battery grade lithium chemicals is expected to be available for distribution to longterm European offtake partners early next year."
"the Company looks forward to being able to provide more frequent updates regarding progress towards completion of the
Definitive Feasibility Study (“DFS”) based on the new flowsheet as well as progress on the offtake
discussions in which the Company has been engaged."
"Simplified process is expected to reduce both Capex and Opex in the LCP by 10-20%."
"LCP pilot programme to commence in 4Q CY22 with marketing samples available to offtake
partners in 1Q CY23; pregnant leach solution containing 48kg of lithium carbonate equivalent is
ready to be processed"
Again, these are great news.
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