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American Lithium continues to refine TLC PEA Flow-sheet
VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | NASDAQ:AMLI | Frankfurt
About this update from American Lithium Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | NASDAQ:AMLI | Frankfurt:5LA1) is pleased to announce results of on-going process work on TLC claystones aimed at continued improvement and optimization of all phases of the chemical process to produce lithium carbonate (“LC”). Optimization work focused on leaching conditions and lithium recovery, minimizing lithium losses during neutralization and magnesium sulphate crystallization, and on increasing the LC purity in the precipitation stage. Highlights: LC purity increased to 99.59% (up from 99.4%) Lower leach temperature of 50°C (down from 90°C), with continued high lithium extraction rates (95%); Significant potential for lower acid consumption; Potential for lower lithium losses during impurity removal; Further optimization work continues to refine flow-sheet for PFS; and Process improvements expected to enhance project returns. Simon Clarke, CEO of American Lithium states, “We are very pleased with the latest optimization work on the TLC flowsheet as we move through pre-feasibility. The flowsheet continues to be refined with improvements and results that should improve on the already robust US$3.28 Billion NPV for the project highlighted in the Company’s maiden PEA. We are able to make strong, rapid progress utilizing the expertise of TECMMINE in Peru, ANSTO in Australia and DRA Global, our Lead Engineers to drive TLC through the prefeasibility process. We also believe that our focus on large-scale projects in Peru and Nevada, which can produce high purity lithium products which do not need to be shipped overseas for upgrading or refining, best meets the critical need for secure supplies of battery metals in as fast a timeline as possible.” Sulfuric Acid Leaching and Lithium Carbonate Precipitation Test Work - Details Optimization bench scale test work has been on-going on the TLC flowsheet at TECMMINE Laboratories in Lima, Peru over the past several months since the TLC Preliminary Economic Assessment (“PEA”) was published (refer to Company News Release dated March 20, 2023). This work has been conducted under the supervision of Chief Metallurgist, José Malqui, President of TECMMINE, with technical input on test conditions from DRA Pacific. Leach conditions have been optimized using ...