Lithium Plus Minerals (ASX: LPM) - Lei Deposit Update: New Milestone Achieved!
Great news for Lithium Plus shareholders! Today, the company released outstanding results from metallurgical tests at the Lei deposit, part of their 100%-owned Bynoe Lithium Project. This announcement highlights major progress in refining lithium recovery techniques and positions the company to meet the growing demand for battery-grade lithium. Key Highlights: - Exceptional Recovery: Dual processing using Dense Media Separation (DMS) and flotation achieved a record 85.3% lithium recovery, with a concentrate grading 6.12% Li₂O. - Direct Shipping Ore (DSO) Ready: The results validate the initial plan to ship DSO directly to market, paving the way for rapid commercialization. - Optimized Pathways: The flexibility of multiple processing routes ensures the project can adapt to market demands and offers greater optionality to off-take partners. - Strategic Partnership: Collaboration with Canmax Technologies remains strong, with potential financing support for further project development. These developments reflect the company’s commitment to sustainable lithium extraction and enhance their competitive edge in the booming battery and electric vehicle markets. Keep an eye on this space for further updates as they progress toward full feasibility studies! Let's go, $LPM!
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- Ann: Excellent Outcomes from Metallurgical Test Work on Lei Depos
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Ann: Excellent Outcomes from Metallurgical Test Work on Lei Depos, page-4
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6.5¢ |
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Mkt cap ! $8.634M |
Open | High | Low | Value | Volume |
6.2¢ | 6.5¢ | 6.2¢ | $6.906K | 109.2K |
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1 | 66000 | 6.4¢ |
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6.5¢ | 107932 | 2 |
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1 | 66000 | 0.064 |
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2 | 145635 | 0.060 |
1 | 138385 | 0.057 |
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0.065 | 107932 | 2 |
0.067 | 150000 | 1 |
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0.088 | 149276 | 1 |
0.096 | 5000 | 1 |
Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
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