Sayona Mining Produces Saleable Lithium Concentrate at NAL

THE DRILL SERGEANT: Sayona Mining (ASX: SYA) has achieved production of the first saleable spodumene (lithium) concentrate at the company’s North American Lithium (NAL) operation in Québec, Canada.

Sayona Mining has produced approximately 1,200 tonnes, including SC6 (6% lithium grade), which it said demonstrates the ability to produce commercial concentrate.

The company indicated the NAL project’s restart continues to proceed on schedule and within budget, with the first lithium shipment expected to occur in July 2023.

Sayona is targeting total production between 85,000 and 115,000 tonnes during the first half of fiscal 2024.

“Congratulations to the whole team at NAL for delivering yet another milestone on time and within budget,” Sayona Mining managing director Brett Lynch said in the company’s ASX announcement.

“Having witnessed first‐hand the operation’s restart I can only express admiration for this achievement, which demonstrates we have the experience and expertise to run a successful operation.

“As the electrification revolution continues, Québec is in pole position thanks to its sustainable hydropower, leading infrastructure and proximity to market.

“For Sayona, the opportunity is only getting bigger and we are proud to play our part as North America’s emerging leading hard rock lithium producer.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE