Galaxy has advanced its lithium brine project, Sal de Vida into the design phase and is pleased to provide a project development update.
HIGHLIGHTS
- Front-end engineering design for the wellfield and ponds is underway and plant and non-process infrastructure is out for tender
- Process test work is producing high quality primary lithium carbonate with grade at the upper end of expectations
- Long term pump test on an operational basis finished on schedule with aquifer results meeting or exceeding plans
- Evaporation at the pilot ponds is performing in line with production models and first operations at the pilot plant is scheduled for Q3
- Permitting is progressing with the granting of operational permits for the extraction of fresh water and use of reagents
- COVID-19 has impacted the development schedule however Stage One production in 2022 remains the target
- Galaxy remains in a strong position to execute its growth strategy countercyclically and meet the forecast lithium demand surge
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