Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.

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Post by Tcheckon Nov 16, 2019 8:15am

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Post# 30359756

how cheap

Sayona Mining acquired 100% of the Authier project in July 2016 for CAD$4 million.
https://sayonamining.com.au/authier-project/

other news
Definitive Feasibility Study demonstrates technical and economic viability.

A DFS, completed in September 2018, confirmed the Authier project’s viability as a profitable and sustainable new lithium mine that will provide new jobs, investment and strong returns for all stakeholders.

Updated Resource and Reserve estimates – JORC Ore Reserves totalling 12.1Mt @ 1.00% Li₂O (0.55% Li₂O cut-off grade) and
JORC Mineral Resource expanded to 20.94MT @ 1.01% Li₂O (0.55% Li₂O cut-off grade)
Simple deposit and processing – resources defined in one spodumene bearing pegmatite based on 31,000 metres of diamond drilling. Deposit amenable to low-cost open pit mining techniques. Processing based on a conventional crush, grind and flotation flowsheet.
Excellent infrastructure – situated in close proximity to mining support services, low-cost electricity, gas, and road networks to export ports.