Business
Successful Glass & Ceramics Test Work Programme
Successful Glass & Ceramics Test Work Programme.
About this update from Savannah Resources Plc
[{"type":"text","content":"\n \nRNS Number : 7916I Savannah Resources PLC 13 August 2019 \n\n \n13 August 2019 \nSavannah Resources Plc\n \nSuccessful Glass & Ceramics Test Work Programme Completed on Co-Product Feldspar and Quartz at Mina do Barroso Lithium Project\n \nHighlights:\n \n· Test work programme demonstrates that feldspar and quartz from Mina do Barroso's spodumene concentrate tails are suitable for use in a range of glass and ceramic applications \n· Test work has confirmed that the bulk tail from the spodumene concentrator is also a saleable product requiring no further processing\n· Successful test work validated Mina do Barroso feldspar for both ceramic bodies and glazes, and float and container glass, in addition to validating Mina do Barroso quartz for lead crystal and container glass\n· Marketing studies concluded that prices for Mina do Barroso co-products could be significantly higher than reported in the 2018 Scoping Study, with feldspar at US$65-100/t vs. US$39/t, quartz at US$60-100/t vs. US$33/t and a bulk tail at US$40-45/t\n· Glass and ceramics are two of the biggest global markets for feldspar and quartz\no Mina do Barroso is geographically well positioned to supply markets in Portugal, Spain and other European countries\n· Discussions underway with potential offtake and JV partners to advance the co-product opportunity\n· Sale of products derived from the lithium concentrator tails would generate additional revenue and reduce the costs and the footprint associated with waste storage on site\n· The test work programme was designed and managed by experienced industry professionals, First Test Minerals\n \nSavannah Resources plc (AIM: SAV, FWB: SAV and SWB: SAV) ('Savannah' or the 'Company'), the AIM quoted resource development company, which is focused on becoming Europe's most significant producer of lithium spodumene concentrates from its wholly owned Mina do Barroso Project in Portugal ('Mina do Barroso' or 'the Project'), is pleased to announce that its ongoing metallurgical test work programme has successfully produced saleable co-products from the ongoing ceramics test work programme. \n \nMina do Barroso is currently targeting an...