Stories impacting the global battery industry

ASX ANNOUNCEMENTS FOR E25

from the ASX...
E25: QUARTERLY ACTIVITIES REPORT
April 30th, 2021

Stage 1 offtake agreement finalised with OM Materials Pte Ltd (OMS), a wholly owned subsidiary of ASX listed OM Holdings Limited (ASX:OMH).

$35.5M placement with strong support from a leading Swiss ESG fund.

Proceeds of the offering will fully fund the expected capital outlay to expand production at the Butcherbird Project to over 1 million tpa of manganese concentrate.

The raising also underpins funding to accelerate work on completing the flowsheet and plant design to produce High Purity Battery Grade Manganese Sulphate (HPMSM) for New Energy Vehicles (NEV).

Commissioning activities progressing well at the Butcherbird Mine Site.

First ore has been successfully processed through the plant.

Production of in specification 30-35% Mn concentrate achieved early in commissioning programme.



E25: BUTCHERBIRD COMMISSIONING CONTINUING AS PLANNED
April 15th, 2021

Commissioning activities progressing well at the Butcherbird Mine Site.

First ore has been successfully processed through the plant.

Production of in specification 30-35% Mn concentrate achieved early in commissioning programme.

Optimisation and ramp-up progressing on schedule.



E25: $35.5M CAPITAL RAISING TO FUND STAGE 2 EXPANSION AND BATTERY GRADE MANGANESE SULPHATE PFS
March 24th, 2021

$35.5M placement with strong support from a leading Swiss ESG fund.

Proceeds of the offering will fully fund the expected capital outlay to expand production at the Butcherbird Project to over 1 million tpa of manganese concentrate.

The raising also underpins funding to accelerate work on completing theflowsheet and plant design to produce High Purity Battery Grade ManganeseSulphate (HPMSM) for New Energy Vehicles (NEV).

Wet commissioning underway at site with a progressive ramp-up scheduled forthe next three months to nameplate production.



E25: BUTCHERBIRD PRE-COMMISSIONING ACTIVITIES COMMENCED
March 4th, 2021

Pre-commissioning activities have commenced at the Butcherbird mine site.

Electrical systems and instrument loop checking underway.

Power station installation and power up scheduled for later this week.

First ore processing planned for the second half of March 2021.



Subscribe

* indicates required
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019

About Lithium News