Testwork improves Cinovec economics

EUROPEAN Metals Holdings says Europe’s largest lithium deposit, the Cinovec project in the Czech Republic, shows it is capable of producing 22,500 tonnes per annum of lithium carbonate, an increase of some 1300tpa after improvements in metallurgical testing.

Testwork improves Cinovec economics Testwork improves Cinovec economics Testwork improves Cinovec economics Testwork improves Cinovec economics Testwork improves Cinovec economics

Cinovec

EMH, which claims Cinovec is the fourth largest non-brine deposit in the world and a globally significant tin resource in its own right, has been working to optimise the roasting process and has been able to repeatedly push recoveries in the leach circuit to 94% in recent testing.
 
Improvements in the leaching and roasting processes have led to estimates of a 7% increase in lithium recovery over that used in the preliminary feasibility study but will lead to a 10% improvement in cash margins for the life of the project.
 
The PFS had already indicated that Cinovec to be a bottom-half cost producer.
 
The use of low-cost waste gypsum from local power plants as a roasting reagent is also expected ...

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