RE:RE: SLI Sept PFS Tech Report: The Definitive Feasibility Study demonstrates strong economics, assuming initial annual production of 5,700 tonnes, and an average annual production of 5,400 tonnes of battery-quality lithium carbonate over a 25-year operating life based on Proven and Probable Reserves of 208 Kt LCE at an average concentration of 217 mg/L.
Phase 1A represents a modest 60-times scale up from the operational Demonstration Plant, which over a three-and-a-half-year period of effective and efficient lithium extraction, has used the same brine that will feed the proposed commercial plant.
The Company expects to make a final investment decision for Phase 1A in the first half of 2024.
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*2.8 mt's for carbonate.
*1.5 mt's for LHM.
Always hearing about SLI, took my 1st real look @ it. I thought the, not until mid 2024 production decision, was based on high tonnage of around 20-30k tpa LHM.
Not a measly 5400 tpa of carbonate with 2.8 mt's.
The 1.5 mt's for LHM, has not even tested on "real" brine yet. Let alone when a investment decision will be finalized.
PFS for now says production in 2027.
E3 could be 6-12 months of producing LHM by then.
E3 pilot is producing LHM results from the well -- "real" brine.
As SLI's own PFS air quotes it.
World's of differences between the two companies & SLI dosen't hold E3's dirty brine water.
Wow.
.