LU7 Alex Hanly speaking at RIU Resurgence Conference (22 Nov):
Canada critical minerals strategy, forcing downstream production sooner.
Concentrator (Primero) to have small floatation circuit in back-end to suited to different ore types.
Carbonate refinery (Hatch) progressing rapidly through DFS.
Huge supply in Quebec & James Bay - circa 50 explorers focused on lithium exploration with lack of processing expertise.
Eastern / North America - circa 50 new Gigafactory's / battery manufacturers coming online by end of 2029.
Hungry battery manufacturing industry - huge supply and currently no refineries.
Start downstream and work upstream to fill the greatest demand gap.
Carbonate refinery DFS projected year end 2024.
LU7 - General Discussion, page-122
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