#millenniallithium

Millennial Lithium publishes positive feasibility study results for Pastos Grandes

Millennial Lithium (ML.V)has now published the summary of its feasibility study on the Pastos Grandes lithium project in Argentina’s Salta province. The feasibility study shows the company’s PEA was very robust as there are very few changes: the initial capex is estimated at US$448M ($410M in the PEA) and the average production cost for the lithium is estimated at just below US$3,400 per tonne…

Millennial Lithium reports second pumping well at 15 liters per second

Pastos Grandes – Evaporation Trials

Millennial Lithium (ML.V)has now completed its second pumping test of a production-scale well at its Pastos Grandes lithium project in Argentina. The test was conducted over a period of 23 days in September, and during this 23 day period the average grade of the lithium in the brine that was pumped remained very consistent with an average grade of 482-518…

Millennial Lithium ticks another box as Pastos Grandes will produce battery grade Lithium Carbonate

Millennial Lithium (ML.V) is still on track to publish a definitive feasibility study by this summer, and recent metallurgical test work conducted by SGS in Lakefield has now confirmed the lithium that will be recovered from the Pastos Grandes brines could be successfully upgraded to the standards required for battery grade lithium carbonate.

The minimum requirement for battery grade carbonate…

Millennial Lithium remains on track – with C$50M in cash in the bank

Millennial Lithium (ML.V) has provided the market with an extensive update on the progress it’s making at Pastos Grandes where a feasibility study is still expected to be completed before the summer.

Right now, two drill rigs are still active on the REMSA license where they are testing the extensions of the known lithium-bearing brine on the ‘original’ Pastos Grandes land package. As the lithium…

Millennial Lithium drills thick economic-grade lithium brines at Pastos Grandes

Millennial Lithium (ML.V)is rapidly gaining even more confidence in the merits of the Pastos Grandes lithium project as two new exploration holes have also intersected a lithium-bearing brine zone. Hole 16 intersected two lithium zones with 68 meters of 499 mg/l and 17 meters of 495 mg/l before the hole was terminated at a depth of 641 meters. Considering Millennial Lithium was still drilling in…