PRAIRIE LITHIUM OPERATIONAL SCENARIOS CONT....
In this case:
Mine Life = 6,300,000 tonnes / 60,000 tonnes per annum (tpa)
Mine Life = 105 yearsSo, the mine life would be approximately 105 years, assuming the annual extraction rate remains constant at 60,000 tonnes per annum.
To calculate the annual extraction rate required to achieve a 20-year mine life (as per PSF),
Annual Extraction Rate = Total Resources / Mine Life
In this case:
Annual Extraction Rate = 6,300,000 tonnes / 20 years
Annual Extraction Rate = 315,000 tonnes per annum (tpa)
So, to achieve a 20-year mine life, the annual extraction rate would need to be approximately 315,000 tonnes per annum.
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