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MGX Minerals Processes High Magnesium Content Lithium Brine of 76,000mg/L Mg; Nears Completion of First Commercial Rapid Lithium Extraction System

MGX Minerals Processes High Magnesium Content Lithium Brine of 76,000mg/L Mg; Nears Completion of First Commercial Rapid Lithium Extraction System

MGX Minerals (CSE:XMG) and engineering partner PurLucid Treatment Solutions (“PurLucid”) are pleased to announce advancement in magnesium extraction. The pretreatment removed all of the 76,000 mg/L of magnesium, reducing the post treatment concentration to non-detect levels (<1 mg/L) from lithium brine bulk samples shipped from a U.S. site currently under evaluation.

The recent optimization

Lithium Australia extends due diligence on the Very Small Particle Company

Lithium Australia extends due diligence on the Very Small Particle Company

HIGHLIGHTS

• LIT has extended due diligence and awaits results from testing cathode material

• LIT receives $1.2m funding to reinforce working capital position DUE DILIGENCE CONTINUES

Lithium Australia (ASX:LIT)   developer of lithium processing technology, advises on the progress on its due diligence in regard to the proposed acquisition of the Very Small

Types of Lithium Brine Deposits

Types of Lithium Brine Deposits

Lithium brine deposits have gained more and more interest as of late on the back of a veritable lithium rush in Nevada. Here’s a look at the three types.

SiLeach™ Large-Scale Pilot Plant study exceeds design criteria

SiLeach™ Large-Scale Pilot Plant study exceeds design criteria

HIGHLIGHTS

Initial design outcomes for the US$42m large-scale lithium processing pilot plant (“LSPP”) using Lithium Australia’s SiLeach™ technology, exceed all expectations
Study outcome betters operating cost target – and without any by-product credits
The LSPP can be cash positive with additional cost reduction upside from further optimisation and scale-up to

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Cathodes 2017 Round-Up

URL: https://investingnews.com/daily/resource-investing/energy-investing/lithium-investing/cathodes-2017-round/