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Desert Lion sets price for flotation plant development in Namibia

17th May 2018

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

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JOHANNESBURG (miningweekly.com) – The Phase 1 flotation plant at TSX-listed Desert Lion Energy’s Namibian lithium operations is estimated to cost about C$7-million.

The plant, with a processing capacity of between 350 000 t/y and 400 000 t/y, will be used to process the fines from the historic run-of-mines stockpiles at Desert Lion’s Rubicon and Helikon mines.

“The Phase 1 flotation plant is a critical component of our execution strategy, allowing us to continue to generate cash and systematically de-risk the project. The low capital cost intensity of the Phase 1 flotation plant further demonstrates the jurisdictional and asset-specific benefits of the Desert Lion Energy Lithium project,” president and CEO Tim Johnston commented.

The capital cost estimate for the plant was determined by Tulela Processing Solutions.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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