Lithium conversion facility, Canada
Name of the Project
Lithium conversion facility.
Location
Red Rock, Ontario, Canada.
Project Owner/s
Rock Tech Lithium Inc.
Project Description
An engineering study has confirmed the economic viability and operational feasibility for the construction and operation of the conversion facility.
The proposed converter will be designed to produce lithium carbonate or lithium hydroxide monohydrate.
It will have a capacity of up to 32 000 t/y of lithium carbonate equivalent over 25 years.
The spodumene concentrate will be locally sourced from the company’s Georgia Lake project and other lithium mining projects in Canada.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has an after-tax net present value, at an 8% discount rate, of C$2.3-billion and an internal rate of return of 22.2%.
Capital Expenditure
C$1.6-billion.
Planned Start/End Date
To be confirmed.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
No details available.
Contact Details for Project Information
Rock Tech Lithium, tel +1 416 848 7744 or email info@rocktechlithium.com.
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