(via NewsDirect)
The new resource estimate is 17 million tonnes in the indicated category at 940 parts per million (ppm) carrying 85,000t LCE (lithium carbonate) and 210 million tonnes in the inferred category at 900 ppm, carrying 1 million tonnes of LCE.
The figures have triggered a payment of
He adds that the company has so far explored only a small proportion of the total 41 square kilometre package, indicating significant growth potential. International mining consultancy firm SRK, a renowned consultancy engineering group, has confirmed the robustness of the numbers so far.
The next milestone is achieving 2.5 million tonnes of LCE, which would result in another
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