1MC 20.0% 0.3¢ morella corporation limited

Ann: Scoping Study Gives Green Light for Project Expansion Plans, page-2

  1. 8,384 Posts.
    lightbulb Created with Sketch. 257
    SCOPING STUDY GIVES GREEN LIGHT FOR ALTURA LITHIUM PROJECT EXPANSION PLANS

    ■ Scoping Study confirms duplicating the size of the production plant to double output is the best expansion option
    ■ Mine life to remain greater than 10 years (based on current JORC Ore Reserve estimate)
    ■ Definitive Feasibility Study to start immediately to examine the doubling of capacity to 440,000 tpa of lithium concentrate
    ■ Minimal disruption expected to Stage 1 plant operations
    ■ Stage 1 commissioning remains on track for Q1 2018 and first sales in Q2 2018
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.