European Lithium aims for fast track production
European Lithium (ASX:EUR) has made significant progress in its aim to fast track production from its Wolfsberg Lithium Project in Austria.
Although the main aim is to produce battery grade lithium carbonate and hydroxide to feed into an integrated lithium to battery supply chain in Europe, management has been cognisant of the potential to supply spodumene concentrate to the European glass-ceramic market.
Early production of concentrate would generate cash flow whilst the downstream lithium conversion plant was being developed.
At the same time, like all speculative mining stocks, there is no guarantee of cash flow at this stage. Seek professional financial advice before investing.
The company has been testing the effectiveness of laser sensor sorting and Dense Media Separation (DMS) with promising results and Chief Executive, Steve Kesler commented, “The successful use of sensor sorting to reject waste dilution from Run of Mine is important for the economic mining and processing of the generally narrow pegmatite veins at Wolfsberg”.
Kesler highlighted that test work has shown that it is possible to produce a spodumene concentrate of 5.3% Li2O through DMS and magnetic separation of the coarsely mineralised amphibolite hosted pegmatite.
Early production through a simple and low capital cost process opens up the potential to fast track lithium sales into the European glass-ceramic market. Samples of this concentrate are now being assessed for suitability by a leading European producer.
Kesler said that over the next three months the company would be working on the production of a 6% Li2O spodumene concentrate by flotation and magnetic separation and its conversion to battery grade lithium carbonate and hydroxide. The conversion test work will be carried out in parallel with the flotation test work using the DMS concentrate already produced.
Dorfner Anzaplan, Germany, a group with extensive experience in the field of lithium processing has been engaged by EUR to undertake the metallurgical optimisation programme.
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