Galaxy reveals that, once operational, the mine could produce up to 25,000 tonnes of lithium carbonate and 95,000 tonnes of potassium chloride each year, equating to annual revenues of $354mn, with a net operating cash flow of $273mn.
Updated results show the site hosts a JORC-compliant reserve estimate of 1.1Mt of lithium carbonate equivalent (LCE) and 4.3Mt of potash (potassium chloride), with potential annual production of 25,000t of LCE and 94,000t of potash.
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