This is very positive.
"In addition to investigating ion exchange technologies, the Company will also investigate a more
conventional processing route using evaporation, selective precipitation, purification and precipitation
as Lithium Carbonate."
-Not only are the working on Ion exchange but, they are with 2 different companies in the field.
-It's ALSO great to hear they'll be working with ANOTHER technology company in Australia also.
(They aren't really a company per say but, I know CSIRO has been working on their tech for 5+ years with Rincon Ltd (Enirgi) .
-Plus, GLN is covering ALL the the bases by looking into ponds.
I don't think everyone should dis-the ponds so quickly. They WORK!
AGY proved you can speed up evaporation by making the ponds shallower. With evaporation ponds only taking 3-5 months. This is easier when you are only looking at 1 to 2,000 ton output.
Ponds are cheap and easy to set up.
Once they are built...you can use them over and over.
At the very least, we know GLN will have a BG LCE product down the road.
As we get to the business end of the cycle...the salar with the HIGHEST Li levels and lowest impurities will get the larger players attention.
It's good GLN is looking at everything.
The issue for Ion exchange is COSTS.
If GLN can nail this Ion exchange tech, it will give the SP a rocket booster as the battery and car makers will THEN look at affordable resources that have LOW IMPURITIES and a JORC.
This is where GLN low MC works to it's advantage.
It's better to spend 250M+, then 800M+ on SDV or others.
Things are standing to look up for GLN!
IMO
DYOR!!
- Forums
- ASX - By Stock
- GLN
- Ann: Preliminary Examination of Processing Technologies Underway
Ann: Preliminary Examination of Processing Technologies Underway, page-14
Featured News
Add GLN (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $109.3M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.0¢ | $904.8K | 5.934M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1313642 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 34126 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1313642 | 0.150 |
17 | 1191362 | 0.145 |
15 | 1362251 | 0.140 |
7 | 961295 | 0.135 |
11 | 1608192 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 34126 | 2 |
0.160 | 722977 | 10 |
0.165 | 200903 | 6 |
0.170 | 345635 | 7 |
0.175 | 243030 | 4 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
Featured News
GLN (ASX) Chart |