Neometals Ltd Announces Lithium Refining Collaboration with Manikaran Power Limited Progress with the Commencement of A Jointly-Funded Aace Class 3 Feasibility Study
May 04, 2020 at 06:17 pm EDT
Neometals Ltd. announce that its lithium refining collaboration with Manikaran Power Limited has progressed with the commencement of a jointly-funded AACE Class 3 Feasibility Study ("FS"). The FS will evaluate a lithium hydroxide refinery located in India with a nameplate capacity of a nominal 20,000 tonnes per annum of lithium hydroxide ("LiOH"). In addition, the originally planned lithium carbonate co-product stream has been eliminated, offering scope for significant economies of scale from the expanded output and overall capital efficiency gains arising from a simplified flowsheet and process plant.