SYA 3.57% 2.7¢ sayona mining limited

“Based on its preliminary study, Sayona expects to produce...

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    “Based on its preliminary study, Sayona expects to produce around 372,000 tonnes of lithium carbonate from the NAL plant over its 16-year lifespan.

    https://mining.com.au/sayona-mining-to-move-forward-with-definitive-technical-study-for-nal-lithium-carbonate-plant-quebec/

    If the plant produces what they say it will, it will average 23,000 tpy of LiCO.

    This means it will on average, exceed the output from Tianqi’s Jiangsu Lithium Carbonate Refinery in Zhangjiagang, China which has been operating for ten years, (using spodumene mined in Australia).

    The Nemaska refinery at Becancour will put out 13,000 tpy of lithium hydroxide.

    The Government of Quebec has authorised Investissement Quebec to tip in another $250 million toward building the $1 billion plant.

    It could be argued that without this support the plant may not have commenced construction.

    Would the Government of Quebec have a similar involvement guaranteeing the NAL lithium carbonate plant be built and operational?

    You would have to think so as they have already shown their support by taking a 40% stake in the Moblan mining project through SOQUEM.

    Could our joint partner justify rejecting G of Q support if it was offered?

    Would G of Q support put this plant in the low risk category?

    I don’t think there is much doubt that it would.


    https://www.canadianminingjournal.com/news/ford-contracts-lithium-hydroxide-supply-from-nemaskas-becancour-plant/

    https://nemaskalithium.com/en/battery-development-another-milestone-in-the-development-of-nemaska-lithium/
 
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