RE: What do they say?25 Mar 2025 14:08
News is expected soon:
The Clontarf Energy JV has submitted a proposed action plan for the coming months and years, subject to Bolivian rules and laws. We plan to collect samples from at least 2 salares; ideally one of high Lithium grade and one with both Lithium and Magnesium content. If we collect the samples during October 2024, they can be trucked to the nearest sea-port and shipped to our partners' Mumbai plant for January 2025 delivery. Clontarf Energy will meanwhile have completed the necessary Indian paperwork with our partners.
On arrival at our partners' plant, the Bolivian bulk samples will be expedited through the production process. We request a total of 320 tonnes since we plan to optimize recovery and throughput not just for Lithium, but also for Magnesium and other economic minerals.
This production process testing of the bulk samples and, hopefully including a YLB visit may be completed during February / March 2025.
Assuming positive results, we propose agreement negotiations as soon as appropriate.