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Galaxy not far away from milking micas


Galaxy Resources will invest $2.9 million and take a 12 per cent stake in a company developing technology that can extract lithium from low-grade waste ore.

The lithium miner will use its financial muscle, technical capabilities, industry contacts and market expertise to help junior Lepidico commercialise its L-Max technology.

Lithium is usually mined from hard rock (spodumene) and brine sources, but it also exists in micas, such as lepidolite and zinnwaldite, but no process exists to commercially extract it.
L-Max aims to change that.
Galaxy hopes the L-Max technology can help it extract lithium from ore considered waste at its Mt Cattlin project near Ravensthorpe, and its proposed James Bay project in Canada.
Galaxy’s managing director Anthony Tse described L-Max as an exciting technology.
He said the alliance with Lepidico would allow the company to evaluate processing its significant mica feedstocks.
Lepidico’s managing director Joe Walsh said the investment by Galaxy was a great endorsement of the company’s strategy and its L-Max technology.

https://thewest.com.au/business/mining/galaxy-not-far-away-from-milking-micas-ng-b88625949z