I would like input from experienced operatives in this exercise -but that might be a big call as no junior I know globally has yet mined and beneficiated low grade lithium ore and processed through a simple DMS plant. There are maybe fifty companies out there who are reporting the ability to upgrade coarse pegmatites around 1 % and higher to a 6% concentrate with simple DMS et al crushing -screening from small sizes up to +6 mm and larger - and separation in cyclones with a water -ferro silicone media (HLS) as CXO do in their large plant in the NT.
I have done my calculations 481,000 tonnes beneficiated to a 5.5% concentrate at 60% recovery as referred to in their reports (not normal DSO grade of about 1.4%) and based on 6% cons prices adjusted for 5.5% the revenue is off the planet -if I have my figures right.
If the numbers I come up with are correct - I would be fast tracking an open pit too.
Small modular plants 10-15 tph are not expensive - see below. So no high capex plant costs - any tails carrying lithium that needs flotation can put aside for another day.
Many questions - I am on a big learning curve too as huge potential right across the industry if lower grades of coarse spodumene amenable to simple DMS can be recovered without having to install a high capex SC6 plant.
- Forums
- ASX - By Stock
- Ann: Faraday Mining Proposal Lodged
WIN
win metals ltd
Add to My Watchlist
0.00%
!
1.8¢

I would like input from experienced operatives in this exercise...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.901M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $4.361K | 242.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1329850 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 1299996 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 1329850 | 0.018 |
3 | 1270000 | 0.017 |
1 | 35000 | 0.015 |
1 | 40000 | 0.014 |
1 | 76920 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 1299996 | 4 |
0.020 | 71781 | 3 |
0.021 | 722178 | 5 |
0.022 | 31119 | 1 |
0.023 | 91904 | 2 |
Last trade - 14.20pm 25/06/2025 (20 minute delay) ? |
Featured News
WIN (ASX) Chart |