Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Znwd aren’t years off production. 18 months for mine build. EMH as they admit themselves are further away. The nat gas price hike is temporary. Been a huge squeeze it will abate. The concurrent rise in lithium price since their initial DFS more than compensates for the increase in gas as an input cost anyway.
And wrt to natural gas usage…from du pleasis…
“Even though this is hard-rock mining, the process involves creating a material called Zinnwaldite - named after the area it comes from - is less energy-intensive than other lithium processes, such as spodumene, as it requires one less pyrometallurgical step than other processes," he said.
Ore Mountains, Saxony. Credit: scimmery / Shutterstock
"Other ways of saving on emissions is the use of natural gases in kilns as opposed to the coal-firing used in a majority of lithium plants," he added. "While we may not be as environmentally friendly as brine producers in the Atacama - who often use solar energy for evaporation - we have the advantage of not also not having water supply or pollution issues."
Sorry here’s the link!
https://miningmaven.com/blog/1189-zinnwald-lithium-ceo-plans-to-take-advantage-of-europe-s-urgent-need-for-a-lithium-source-closer-to-home
Merry Christmas all - for those of you, who have just joined, here is a nice article from october that neatly outlines the opportunity here. The NPV figures are already way below reality. The resource has probably doubled (and will grow) and we all know what’s happened to lithium prices…
Agree, once people realise what’s going on here, this can easily have a crack at new highs. The placing spooked people in a jittery market. The jitters have gone from the mkt, ppl will digest that henry maxey buying is a huge positive - he knows a lot more than us what is going on here and is very astute. He didn’t put in chump change. He is already a rich bloke, he is looking for generational money from this - ie many multiples. I’m sure he’ll get it.
A DFS and licence approved Lithium
mine in germany for god’s sake - think about it.
Train is leaving the station.