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Tantalex Lithium commissions its TiTan tin and tantalum plant

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| August 9, 2023

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  • Tantalex Lithium Resources (CSE:TTX) started commissioning on its TiTan plant located in the vicinity of Manono, Democratic Republic of Congo
  • The TiTan plant has been designed with a capacity of 130 tonnes per hour is now entirely assembled and ready to process its first ore
  • The commissioning period will last up to three weeks and the first ore is expected for export in September 2023
  • Tantalex Lithium Resources Corp. opened trading at $0.09 per share

Tantalex Lithium Resources (CSE:TTX) started commissioning on its TiTan plant located in the vicinity of Manono, Democratic Republic of Congo.

This work will be done via its majority owned subsidiary, United Cominiere SAS.

The TiTan plant has been designed with a capacity of 130 tonnes per hour is now entirely assembled and ready to process its first ore. The commissioning period will last up to three weeks and the first ore is expected for export in September 2023.

The exploration and development stage mining company has secured the services of RCS Global Group / Better Mining to implement its upstream assurance mechanism services for its mining operations on the TiTan plant. This mechanism combines two permanent processes: Due diligence and monitoring and digital supply chain traceability. The company has also received US$500,000 through a bridge loan agreement with a private investor.

Tantalex Lithium’s CEO, Eric Allard, said in a news release that the DRC team has worked in challenging conditions over the past few months to build the TiTan plant.

“This is transformational for our company as we progress towards a revenue generating mining company and demonstrate our commitment to the DRC in bringing critical mineral discoveries and resources to industrial production stage,” Allard said in a statement.

Tantalex Lithium Resources Corp. is focused on acquiring, exploring, developing and distributing lithium, tin, tantalum and other high-tech minerals in Africa.

Tantalex Lithium Resources Corp. opened trading at $0.09 per share.

Join the discussion: Find out what everybody’s saying about this stock on the Tantalex Lithium Resources Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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