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Nemaska Lithium Inc.
Summary
| Project: | Whabouchi | |
|---|---|---|
| Deposit: | Whabouchi | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 6/8/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Mine Development | |
| Report details: | 8-6-2016: Nemaska Lithium Inc. announces a Feasibility Study report for its Whabouchi deposit at the Whabouchi project. Amended Feasibility study update incl. pre-tax NPV (8%) of CAD$1.9B, IRR of 37.7%. There were two main reasons to publish the present U | |
| Resources: | (Reserve, P+P): 20Mt @ 1.53% Li2O Open Pit and 7.3Mt @ 1.28% Li2O Underground | |
| CP/QP: | [Resources]: Jean-Philippe Paiement (Met-Chem Canada Inc.) | |
| ABSTRACT: | There were two main reasons to publish the present Updated Feasibility Study. First, it was decided to move the hydrometallurgical plant from Salaberry-de-Valleyfield, QC to Shawinigan, QC in decommissioned paper mill buildings. Then, improvements to the hydrometallurgical processes were judged significant enough to warrant an update by themselves. | |
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