RE: News coming our way16 Jul 2024 18:19
Actual production testing will start immediately after arrival at site, as a priority. Bolivian technical experts are invited to attend the production testing, to confirm results.
Reflecting the current maturity of our joint venture's Direct Lithium Extraction pilot plant, Clontarf expects sample delivery to be expedited and Clontarf to be effectively promoted to Stream 2 of the technology confirmation process. This may immediately follow negotiations with the 3 Chinese and one Italian company who state that they already have DLE operations.
Signing of conventions, and possibly contracts, may follow successful testing and negotiations of terms and conditions. We anticipate deploying plants to one or more Bolivian salaries thereafter.
● David Horgan, Chairman, commented: "Europe needs offtake of pure Bolivian Lithium, while Bolivia needs to export battery-grade Lithium."
"No one company or country can grapple with China and NAFTA. Accordingly, Clontarf is part off Team Europe's programme to secure adequate supplies of Lithium and other priority minerals. This initiative is promoted by the EU Commission, and supported by the Critical Resource Minerals Act, as well as the wider 'Global Gateway' initiative".
"Demand for Lithium carbonate equivalent grew 30% to circa 930 thousand tonnes in 2023. New projects struggle to deliver the supply needed. Dirty sourcing, especially of hard rock ores, conflict with the clean, Green image EV marketers depend on. The answer is clean brines' processing, which may - in time - earn a price premium."
"EU Commission leadership has been key in financing necessary infrastructure, especially through the 'Global Gateway' initiative. The EU was initially slow to respond to the Chinese challenge, but now moves decisively - backed by circa €400 billion of possible financing. ???
yes we seems to be on the verge of a breakout with some huge CO making news but no one will know when, it could be any morning or mid day
let's hope it will be sometime this week..
GLA