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Tantalex Lithium Resources Completes First Export of Tin and Tantalum Concentrate from TiTan Plant in DRC
Toronto, Ontario, April 23rd, 2024 – TheNewswire – Tantalex Lithium Resources Corp. (CSE: TTX – FSE: DW8 – OTCQB: TTLXF) (“Tantalex” or the “Corporation”) is pl
About this update from Tantalex Lithium Resources Corp
[{"type":"text","content":"Toronto, Ontario, April 23rd, 2024 – TheNewswire – Tantalex Lithium Resources Corp. (CSE: TTX – FSE: DW8 – OTCQB: TTLXF) (“Tantalex” or the “Corporation”) is pleased to announce that its majority owned Joint venture company, United Cominiere SAS has completed the export of its previously announced first batch of 15 tons of tin concentrates from the company’s TiTan plant in the Manono region of DRC. Mr. Eric Allard, CEO commented “This represents a significant milestone as the export process requires a significant amount of administrative procedures. Our team has proceeded diligently through this process with a successful end result. With tin prices having recently surged to $33,000 USD/ ton of Sn metal approaching 2-year highs, the timing could not be better.” The concentrate produced from TiTan has a tin (Sn) % of 68.64% with very low deleterious elements demonstrating the effectiveness of the process recovery route of the TiTan plant. Additionally, Tantalex has provided their client a traceability report completed by Better Mining, an RCS Global program. Better Mining provides digital product traceability for 3Ts and independent, third-party assurance on ASM sites to identify and manage risks via its Upstream Mechanism (UM). Better Mining conducts on-site risk identification and assessment, risk mitigation, and performance monitoring. Better Mining’s Upstream Mechanism is in alignment with the OECD Due Diligence Guidance for Responsible Sourcing and accredited by the Responsible Minerals Initiative (RMI). Since 2008, RMI has grown into one of the most utilized and respected resources for companies from a range of industries addressing responsible mineral sourcing issues in their supply chains. Source: https://www.responsiblemineralsinitiative.org/about/rmi-initiative/ The Company also wishes to report progress on the ongoing TiTan plant optimization program with the reception of the new scrubber/trommel in Lubumbashi. It will now be transloaded on fit for purpose trucks for delivery to the plant site near Manono. The objective of the optimization program which includes installation of the new scrubber and increasing water volumes feeding into the plant is to run the plant at 130 t/h, 16 hours per day which would allow the company to reach initial production targets. Corporate Update – Novation Agreement and Amendme...