"The Company has completed all chemical process and technology validation and verification works, successfully confirming capability to produce battery quality lithium carbonate product at commercial scale."
"The 2,000tpa commissioning works are nearing completion, in preparation for continuous production operation trials, whilst in parallel, batch ramp-up works are on-going toward achieving continuous production operations. The Company is targeting to achieve continuous production operations from end of Q2- CY2023."
"Furthermore, it is a significant achievement to validate our chemical process technology to produce battery quality lithium carbonate at a commercial scale operation. This has not been achieved very often in the lithium sector and is critically difficult to successfully accomplish, as we have seen from other operators attempting such at their operations."
As we all know timelines slip, but the they have been targeting the end of Q2 CY2023 for a long time now...and there really doesn't sound like a lot more commissioning to go in the next <60 days based on the above as well as reiterating that a lot others haven't got this far...
GLTAH
Esc
AGY Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
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