PMT patriot battery metals inc.

Ann: Phase II HLS Testwork Results on CV5 Pegmatite Material, page-36

  1. 1,248 Posts.
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    Appreciate the articles and please keep posting. We have had a lot of posters keeping us up to date for many months with every relevant article. I think that the timeliness of your reference was Koi-7's point. Nemaska's viability has gone 480+ degrees in just a few years. We also have a couple of dedicated media threads although getting people to use them is more difficult lol.

    FYI, Macquarie Bank's January investment report on PMT is a really eye-opening article: https://hotcopper.com.au/attachments/pmet-pdf.4967347/ and the Euroz-Hartley report from 3 weeks ago is also worth a look: https://hotcopper.com.au/threads/euroz-hartleys-2-50.7214689/?post_id=66101494. Thanks again to those who originally posted these.

    When both Nemaska and NAL went too early with their lithium run, it definitely did put off investors, particularly those in North America. But we are now only weeks away from a NAL restart under Sayona and Piedmont; while Nemaska Lithium will also make a very valuable recovery.

    Nemaska Lithium was in a worse state than NAL. It went bust, with its assets transferred and stopped trading on the TSX. It was bankrupt; 'dead and gone' as far as many were concerned. Since then it has perhaps indicated the resilience of the lithium market. Nemaska was acquired by the Pallinghurst Group in partnership with the Government of Quebec. Livent was also a large investor and, in a show of confidence in mid 2022, increased its stake in Nemaska to 50%.

    As @Koi-7 has posted above, Nemaska will restart the Whabouchi mine and build a lithium hydroxide refinery in Bécancour, Quebec. The dual mine and converter was always Nemaska Lithium's plan.

    Nemaska is now expected to be a fully integrated asset with ~34,000 metric tons of nameplate capacity of battery-grade lithium hydroxide with first production in 2025.
    Last edited by tubedisasters: 27/02/23
 
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