THE BOURSE WHISPERER: Lithium Australia (ASX: LIT) informed the market that the first test circuit of the company’s Sileach process is underway at ANSTO Minerals (a division of the Australian Nuclear Science and Technology Organisation).
“The first test will consist of a 24 hour commissioning run of the Sileach circuit, after which process solutions and residual solids will be examined prior to commencing continuous operations in about two weeks’ time,” Lithium Australia said in its ASX announcement.
The company explained that trilithionite (a lithium silicate) feed material, for the first pilot plant test run, was recovered from mine dumps at Lepidolite Hill in Western Australia.
Beneficial owners of Lepidolite Hill include:
Lithium Australia 40 per cent;
Cazaly Resources (ASX: CAZ) 40 per cent; and
Focus Minerals (ASX: FML) 20 per cent.
LIT said it expects to receive the results from the continuous tests on trilithionite in October.
Pilbara Minerals (ASX: PLS) has supplied spodumene concentrates for further continuous pilot testing, which is anticipated to commence at ANSTO Minerals after assessment of the tests on trilithionite.