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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.


GREY:NMKEF - Post by User

Bullboard Posts
Post by Indomitableon Jul 24, 2016 11:33am
292 Views
Post# 25079577

Phase 1 Plant

Phase 1 Plant

With a goal of becoming a leading lithium supplier, Nemaska Lithium is building a Phase 1 demonstration plant that utilizes the Company's proprietary lithium hydroxide and lithium carbonate processes. The Phase 1 plant will have an average combined capacity of 610 tonnes per year. The Company decided to commission this Phase 1 plant in advance of starting operation of its larger commercial facility for several very important reasons:

  1. Nemaska Lithium will demonstrate its ability to repeatedly produce lithium hydroxide and lithium carbonate according to quality specifications as defined by customers including battery customers.
  2. Nemaska Lithium intends to qualify its products with customers and sign off-take agreements before starting operation of the commercial plant.
  3. The development of skills and staff training will allow quick start of the commercial plant.
  4. Process improvements can be made during the life of the demonstration plant and integrated into the construction of the commercial plant.
  5. The Company will also process lithium sulfate solution that is produced by some customers in their industrial processes and convert it into lithium hydroxide.


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This is info I copied and pasted off of Nemaska's website. I just wanted to point out how it shows in this info that Nemaska's mini plant will be capable of producing up to 610 tonnes per annum instead of the 500 tonnes we have been seeing for the longest time.

As I recall, Nemaska's website used to show that 610 number to be 500 tonnes per annum at full capacity and I remember seeing somewhere that Nemaska would have the factory working not to full capicity thereby producing about 462 tonnes or something around that number.

My whole point here is I am simply wondering if they have changed something in their plans with their mini plant because of the simple change with the numbers making it 610 tonnes per annum now. I wonder if this means they simply plan on building their mini plant 22 percent bigger than originally forecasted?

One thing I like when it comes to doing research is numbers, because math doesn't lie, unlike people. I know that numbers can be fraudulently placed out their by lieing people for us to all see, however that wasn't what I was talking about. You all must know what I meant.

it's weekend time! emoticon
Indomitable Cool

 
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