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Kidman Resources Ltd.
Summary
| Project: | Mt Holland | |
|---|---|---|
| Deposit: | Mt Holland | |
| Location: | Australia | |
| Commodities: | Lithium | |
| Date: | 12/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 18-12-2018: Kidman Resources Ltd. announces a Pre-Feasibility Study report for its Mt Holland deposit at the Mt Holland project. PFS results incl. post-tax NPV of US $2.2B (10%), IRR of 26.6%, 47yr LOM at the project. Kidman Resources Limited is pleased t | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Resources]: David Billington (Mining Plus Pty Ltd.) | |
| ABSTRACT: | Kidman Resources Limited is pleased to announce that Covalent Lithium1 has completed an integrated pre-feasibility study (IPFS) for the Mt Holland Lithium Project. The IPFS ahas confirmed the compelling business case for an integrated mine-to-refinery project producing refined, battery grade lithium hydroxide (LiOH). On 22 October 2018, Kidman announced the results of a pre-feasibility study on the proposed Kwinana Lithium Refinery (the Refinery) and an updated scoping study on the proposed Mt Holland lithium mine and concentrator (Mine & Concentrator). 2 Furthermore, on 25 October 2018, Kidman announced that Covalent Lithium would streamline the separate studies being conducted on the Mine & Concentrator and Refinery into an IPFS on the integrated Mt Holland Lithium Project expected in 4Q 2018. 3 The IPFS has now been completed and has confirmed the compelling outcomes from the previous studies on the Refinery and the Mine & Concentrator, including a highly attractive NPV and IRR. | |
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