Neometals Gets Thumbs-up for Mt Marion Concentrates

THE BOURSE WHISPERER: Neometals (ASX: NMT) informed the market that it had become aware of an announcement by Ganfeng Lithium Co., Ltd (“GFL”) regarding the Mt Marion lithium project in Western Australia.

Neometals said that GFL, on Friday the 16th June, issued an announcement to the market, extolling the virtues of the product being produced at Mt Marion.

Neometals said GFL had praised the excellent performance of Mt Marion concentrates in its production of battery quality lithium carbonate and hydroxide, and the volumes of product shipped to date and guidance for the month of June.

“For the avoidance of doubt, Neometals confirms the Mt Marion operations have shipped a total of 79,000 tonnes of concentrates from February to the end of May, including 30,055 tonnes in May (majority 6 per cent lithium dioxide),” Neometals said in its ASX announcement.

“A shipment of 35,000 tonnes of similar quality is expected to depart on or about 27 June with another 15,000 tonnes expected the first week of July.”