LTR

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92.5¢ liontown resources limited

Thanks for passing on that useful info @anatol. I recall you...

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wingedwarrior

6,528 Posts.

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21/04/23

16:07

Post #: 67399957
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Originally posted by anatol ↑

Guys I believe the parts on the truck are pieces of the outer shell of SAG mill. The SAG mill is a huge machine and comes all in parts. It will be assembled on the site.

I highly recommend you to watch the video below.
You will watch another huge SAG mill (10m radius) from transportation to its installation on site for a gold mine in Greece.

That SAG mill also made by Outotec (now merged with Metso) which is the company who made LTR's SAG mill too.

Another interesting point, Metso-Outotec is so busy now, a lead time for a SAG mill is 2.5 years from order time. So if any mining company orders it now, it will be delivered at the end of 2025. .

Just a quick technical info (good to know);

The grinding mills are classified in two class;
1) Ball mills
2) SAG mills.

Majority of the mills used in mines are ball mills. There are steel balls in it. They hit the rock and crush them while the mill turns. This is not a good operation for lithium processing because the iron from the steel balls are being introduced to the ore (on top of the iron in the ore, think about Pilbara lithium producers! PLS's projects and ALB/MIN's Wodgina) because the balls wear out while hitting the rocks.

In a SAG mill there are no balls. The rocks itself raising on the walls of SAG mill when it turns and falling by the gravity and breaks down. (You will see that on the video below)

Why all mines don't use SAG mill?
No they can't use it unless they have a suitable ore type which has to be brittle. That's the magic of LTR's ore type at KV.

No other lithium mine uses SAG mill in Australia as far as I know.

Anyway, let's watch the video and see what we are dealing with!

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Thanks for passing on that useful info @anatol. I recall you have commented on the same subject in the past re PLS's situation with iron. All these bankers and broker experts who place valuations on LTR just dont take into account the tech info such as you and other holders here constantly highlight & explain. Thats why LT holders have a better idea of LTR worth, and I'm sure ALB do also.

LTR Price at posting: $2.73 Sentiment: Buy Disclosure: Held
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Thanks for passing on that useful info @anatol. I recall you...

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Venture to sniff out high-grade REE targets at Jupiter project, WA

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

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Buyers (Bids)

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Thanks for passing on that useful info @anatol. I recall you...

Top Stories

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Venture to sniff out high-grade REE targets at Jupiter project, WA

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News