Great summary, this year 2024 we should have the following completed, as was stated in the AGM released in November 2023:If we can achieve the above, it will be great progress in the development of Lake Hope.
- Completion of PFS
- Start DFS
- 10 tpa Pilot Plant
- Qualification Samples
So far the current metallurgical optimisation program for Stage 1 to Stage 3 has delivered results consistent with or exceeding Playa One’s previous test work and it is likely it will be able to be replicated in Stages 4 and 5 to produce HPA by early 2024 (ASX Release October 16th 2023).
In the Scoping Study it states: "Discussions with parties engaged in the HPA and aluminium chemical sector have begun. This is a focus for 2024, when final HPA from the Lake Hope project will be available in quantities suitable for initial qualification with potential offtake customers.
Most of the funding to production can be done by both State and Federal Government grants being a Critical Mineral. As an example A4N has received over $50 million in government funding in their development of their HPA project. Over the next 2 years ITP should also receive about $5 million from option conversions, if they are in the money.
All looking very good for 2024, IMO.
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Great summary, this year 2024 we should have the following...
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