https://www.miningweekly.com
Mining|PROJECT|Drilling
Mining|PROJECT|Drilling
mining|project|drilling

Feasibility work to start at Pioneer Dome

7th February 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – A scoping study into the Pioneer Dome lithium project, in Western Australia, has supported a decision to progress to more detailed studies, ASX-listed Essential Metals said.

The scoping study is based on a mineral resource estimate (MRE) of 11.2-million tonnes, at 1.16% lithium oxide, containing 129 000 t of lithium, and estimates a base case net present value of A$367-million and an internal rate of return of 40%.

Over the more than seven years of mine life, the project is expected to produce 193 745 t/y of 5.7% spodumene concentrate at a nameplate capacity of 1.2-million tonnes a year, with the capital costs for the project estimated at A$293-million.

“The robust scoping study results support more detailed studies being undertaken to determine the optimal development pathway to developing a lithium mining operation in Western Australia whilst taking advantage of expected strong demand for lithium concentrate, which should generate healthy margins,” said Essential Metals MD Tim Spencer.

Essential will now start planning a prefeasibility study or definitive feasibility study for the Pioneer Dome project, and will undertake additional drilling to raise the confidence of the MRE. The company will also undertake further metallurgical testwork and flowsheet optimisation.

Edited by Creamer Media Reporter

Comments

Showroom

WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 
Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.07 0.104s - 92pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: