Sunrise Energy Metals Ltd SREMF

Metals & Mining Industrial Metals & Minerals

Sunrise Energy Metals Limited is an Australia-based company engaged in the development of its Sunrise Battery Materials Complex (Sunrise Project) in New South Wales (NSW). The Sunrise Project is a supplier of battery raw materials and aluminum-scandium alloys. It is utilizing its Clean-iX resin technology for extraction and purification of a range of metals and progressing exploration activities at its other mineral tenements. Its Clean-iX Continuous Resin-In-Column is a continuous counter-current process that extracts metals from clarified leach solutions. Its Clean-iX Continuous Resin-In-Pulp is a continuous countercurrent process that directly extracts metals from leached pulps. It is advancing activities across its range of exploration assets in NSW. Its limestone exploration includes Hunters (EL9627), EL8883 Meloola and EL8833 Boona Gap, Gleninga South (EL9598) and Gleninga (EL8882). It also focused on rare earth elements exploration, which includes Minore (EL9031 and EL8961).

OTCQX:SREMF - Post by User

Sunrise Energy Metals Ltd

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Comment by Qbiton May 02, 2012 5:43pm

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Post# 19863691

RE: Financing Update

The new financing will fund new cicuits for production of co-products and by-products from the current process, Lithium Hydroxide Spudomene concentrates and Sodium Sulphate. These were not previously budgetted but will provide incremental revenues.

Would you care to tell us where you got that information from? Sounds great but I can't recall having seen this mentioned anywhere.

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