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Nemaska Lithium Inc. (TSXV:NMX, OTCQX:NMKEF) confirmed that it is proceeding with the construction of Phase 1 of its lithium hydroxide and carbonate processing plant and expects production by January 2014.
Nemaska Lithium Inc. (TSXV:NMX, OTCQX:NMKEF) confirmed that it is proceeding with the construction of Phase 1 of its lithium hydroxide and carbonate processing plant and expects production by January 2014.
As quoted in the press release:
A construction and installation budget of $25 million has been prepared by Met-Chem Canada Inc. (Met-Chem). The budget includes engineering, procurement, construction management and also a contingency of 15%. The company is considering financing options which include a combination of equity and debt.
Click here to read the full Nemaska Lithium Inc. (TSXV:NMX, OTCQX:NMKEF) press release.
