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Pure Energy Minerals Announces Positive PEA and Plans for Pilot Plant at its Clayton Valley Project
Pure Energy Minerals Limited (TSXV: PE) (FRANKFURT: A111EG) (OTCQB: PEMIF) (the “Company” or “Pure Energy”) is pleased to announce the results of a Preliminary Economic Assessment (“PEA”) for the production of lithium hydroxide monohydrate (“lithium hydroxide” or “LiOH∙H2O”) from its Clayton Valley Project (the “Project”) located in Esmeralda County, Nevada. The PEA was prepared jointly …
Pure Energy Minerals Limited (TSXV: PE) (FRANKFURT: A111EG) (OTCQB: PEMIF) (the “Company” or “Pure Energy”) is pleased to announce the results of a Preliminary Economic Assessment (“PEA”) for the production of lithium hydroxide monohydrate (“lithium hydroxide” or “LiOH∙H2O”) from its Clayton Valley Project (the “Project”) located in Esmeralda County, Nevada. The PEA was prepared jointly by an expert consulting group comprised of Tenova (“Tenova”), Montgomery & Associates (“Montgomery”), SRK Consulting (“SRK”), and Andeburg Consulting Services Inc. (“ACSI”).
As quoted in the press release:
Patrick Highsmith, Chief Executive Officer of Pure Energy , commented, “We are very pleased that this PEA demonstrates the attractive potential for a new low-cost lithium producer in Nevada. The potential reduction in operating costs for lithium hydroxide through the innovative application of cleaner, more efficient technology is exciting. As outlined in the PEA, the Clayton Valley Project is expected to nearly double lithium recoveries when compared to conventional operations while at the same time returning in an environmentally responsible manner more than 90% of the brine to the basin after lithium recovery. The development and completion of the PEA and its flowsheet is the result of excellent collaboration among TAT, its partner GE Water and Process Technologies, and our team of independent engineers. The engineers recommend moving forward as soon as possible with pilot plant testing, so planning and design work is already underway toward that objective.”
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