Sayona delivers Moblan lithium feasibility with $1.6 billion NPV
Annual production will be 300,000 t/y of concentrate over a 21-year life for the mine.
Annual production will be 300,000 t/y of concentrate over a 21-year life for the mine.
Australian lithium stocks rallied on speculation that CATL had closed its Jianxiawo mine.
The fire broke out on Saturday in a warehouse owned by French recycling group SNAM in Viviez, north of Toulouse.
Researchers at Alma Energy and the University of Texas El Paso are working on a solution to extract usable lithium and generate energy from hydrothermal waters.
The company last fall announced its long-anticipated plan to filter lithium from the Smackover brine formation that flows under Arkansas.
Lithium prices have dropped more than 80% in the past year.
The company posted a fourth-quarter net loss of $617.7 million, or $5.26 per share.
Exxon Mobil and Albemarle are amongst those gathering in Little Rock this week.
The funding is intended to support the construction of the second lithium concentrate production plant at the Grota do Cirilo site.
The Savannah mine was part of a wider probe last year by Portuguese prosecutors into alleged illegalities in lithium and "green" hydrogen deals.