Lepidico Ltd. announced the results of the first Phase 1 Project production schedule based on pit optimisations carried out and incorporated in the recently announced JORC Code (2012)-compliant Mineral Resource estimate ("MRE") for the Karibib Project in Namibia 1. By-product tonnages significantly exceed those estimated for the 2017 Pre-Feasibility Study and for the first time include estimates for caesium and rubidium chemicals. Karibib mill throughput design is 330,000tpa (tonnes per annum) for the first seven years of operation prior to expansion to540,000tpa as lower lithium grade feed is scheduled, allowing annual lithium mica concentrate output to be maintained at 57,700 dry metric tonnes. The strip ratio over the first seven years averages just 0.7 to 1. Phase 1 chemical plant engineering remains on track for completion in May 2020 based on concentrate throughput of 6.9 tonnes per hour and nameplate output of 5,600tpa of lithium hydroxide monohydrate. By-product design capacity is for up to 16,000tpa of sulphate of potash (SOP) fertiliser, 32,000tpa of amorphous silica, 450tpa of caesium rich formate and 1,700tpa of rubidium sulphate. Phase 1 chemical plant engineering remains on track for completion in May 2020 based on concentrate throughput of 6.9 tonnes per hour and nameplate output of 5,600tpa of lithium hydroxide monohydrate. By-product design capacity is for up to 16,000tpa of sulphate of potash (SOP) fertiliser, 32,000tpa of amorphous silica, 450tpa of caesium rich formate and 1,700tpa of rubidium sulphate. The mine planning schedule is optimised to maximise cash flow from the aggregated product revenue stream. Annual lithium hydroxide production is being targeted to be within 10% of nameplate for the first ten years of operation. SOP production is estimated to average 11,000tpa compared with just 3,000-4,000tpa in the 2017 Pre-Feasibility Study (PFS). Potassium head grades tend to be inversely correlated with lithium grades. Marketing for this premium fertiliser in the United Arab Emirates has commenced.