Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Below extract taken from the recent BN report
SOC and PCC By-products Reduce Unit Costs
The processing plant has been designed to reduce/remove acid consumption (and disposal) and use potassium (K) units for the precipitation stage thereby allowing the production of SOP as a by-product (c. 30% of K units originate from the ore). The process will also produce precipitated calcium carbonate (PCC) for the paper industry.
Both have large markets within Europe and should be readily saleable.
Based on an annual production of c. 12ktpa LiOH, the mine will produce approximately 57ktpa of SOP each year which at $950/t (c. EUR875/t) price assumption adds $54m pa in revenues (or 18% of total). According to our modelling this brings the cash cost down from $10,800/t LiOH to $6,120/t LiOH making the Project highly competitive versus it peers
Perhaps some investors have finally noticed the below extract from the last operational update in Nov 2022
drill results support the plan to consider the Albite Granites (previously referred to as "Ore Type 2" in the recent Preliminary Economic Assessment ("PEA")) for the Mineral Resource and future mine plan, with potential to materially increase the total Mineral Resource
One of the goals of the ongoing in-fill drilling programme is to materially increase the MRE, which could, in turn, accommodate greater mining capacity for an expanded Li-product output. Historic estimates quantified the tonnage potential of the Albite Granites alone at above 200Mt, an estimate that the Company is working to verify.
Https://www.investegate.co.uk/zinnwald-lithium-plc--znwd-/rns/operational-update/202211230700042702H/
Zinnwald Lithium Plc
@ZinnwaldLithium
·
11 Jan
The project team has located historic core that was given to a government funded research institute several decades ago, which it is now looking to integrate with the current set of databases and carry out verification tasks.
Teesside, United Kingdom – Monday 7 November 2022
Business Secretary Grant Shapps attended the Green Lithium site launch event at Teesside to announce the UK’s first large-scale merchant lithium refinery at PD Ports.
The refinery will create a supply of low-carbon, battery-grade lithium for use within the lithium-ion battery, energy storage, grid stabilisation and electric vehicle (EV) supply chains.
https://greenlithium.co.uk/news/uk-business-secretary-visits-green-lithium-refinery-site-in-teeside
Invest in Green Lithium
We are on track to commence construction of the UK's first large-scale merchant lithium refinery in 2023. We are now progressing through the latter stages of the Teesside project’s development phase. As an investment opportunity, Green Lithium offers exceptional, inflation-beating returns for investors.
If you are an institutional or corporate investor and want to find out more about investing in – and potentially partnering with – Green Lithium, please do get in touch.
https://greenlithium.co.uk/about-green-lithium/our-story
Seems many may of over looked this part in the last update - so far the NPV is based on the 35MT
Initial drill results support the plan to consider the Albite Granites (previously referred to as "Ore Type 2" in the recent Preliminary Economic Assessment ("PEA")) for the Mineral Resource and future mine plan, with potential to materially increase the total Mineral Resource
The Project's historic MRE was based solely on the Greisen beds and excluded the Albite Granites. One of the goals of the ongoing in-fill drilling programme is to materially increase the MRE, which could, in turn, accommodate greater mining capacity for an expanded Li-product output.
Historic estimates quantified the tonnage potential of the Albite Granites alone at above 200Mt,
Https://www.investegate.co.uk/zinnwald-lithium-plc--znwd-/rns/operational-update/202211230700042702H/
Devil, worth reading this website below - a large s/holder - what do you think his interest is in this tin pot $50k mine
But maybe he has just got a few quid to **** up on a high risk mining co, for a wild punt
http://ianhannam.com/ian-hannam.html
https://greenlithium.co.uk/
Green Lithium, working closely with its partners, is well on the way to building the UK's first large-scale replicable lithium refining and battery recycling plant
Green Lithium - backed by Trafigura - agrees processing plant for Teesside
https://www.thenorthernecho.co.uk/news/22643120.green-lithium---backed-trafigura---agrees-processing-plant-teesside/
Sunday Times business section on pg 6 mentions
BHP looking at buying stakes into commodity companies in Tanzania
Should be good if Acp has spoken to them
Hopefully BHP can fund the development of the mine