Business
Appointment of Flotation Scoping Study Partner
Appointment of Flotation Scoping Study Partner.
About this update from Atlantic Lithium Limited.
[{"type":"text","content":"\n\n \n\n 13 July 2023\nAPPOINTMENT OF FLOTATION SCOPING STUDY PARTNER\nDRA TO EVALUATE FLOTATION circuit TO MAXIMISE RECOVERY AND ENHANCE pROJECT ECONOMICS\nAtlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF, \"Atlantic Lithium\" or the \"Company\"), the African-focused lithium exploration and development company targeting to deliver Ghana's first lithium mine, is pleased to announce the appointment of DRA Global Limited (ASX: DRA, JSE: DRA, \"DRA\") to conduct a Scoping Study (\"Study\") for the inclusion of a flotation circuit at the Ewoyaa Lithium Project (\"Ewoyaa\" or the \"Project\") in Ghana, West Africa.\nDRA is an international multi-disciplinary engineering, project delivery and operations management group, predominantly focused on the mining, minerals and metals industry. The group has an extensive track record spanning almost four decades across a wide range of commodities, with expertise in the mining, minerals and metals processing industries, as well as related non-process infrastructure, such as water and energy solutions.\nThe Scoping Study, which forms part of Stage 2 of the Project's development, will comprise:\n· an evaluation of the technical and commercial viability of the use of flotation to process fines and middlings as a potential additional downstream circuit to the planned Ewoyaa Lithium Dense Media Separation (\"DMS\") processing plant;\n· assessing the use of the 4.7Mt of 1.2% Li2O fines material currently intended to be sold as a low-grade Li2O secondary product (refer Ewoyaa Definitive Feasibility Study1, announced on 29 June 2023) as potential feedstock for the flotation circuit.\nPreliminary testwork and calculations indicate encouraging flotation stage recovery and the achievement of >5% Li2O concentrate grades. The higher-value concentrate produced by flotation is intended to replace the current lower-grade secondary product. The Company believes that this would enhance the Project's financial outcomes and de-risk the Project in the event that the low-grade lithium-bearing products market is adversely affected.\nUnder the terms of the agreement, DRA will deliver process design criteria, a processing flowsheet, capital and operating cost estimates for the additional flotation circuit.\nThe Study is due to commence imminently, with an outcome ...