Feb 2, 2017
Mt Marion Project Update
Feb 2, 2017
First Lithium Shipment from Mt Marion
Mineral Resources Limited, Neometals Ltd and Ganfeng Lithium Co. Ltd wish to advise the market of the inaugural shipment of lithium concentrates produced at the Mt Marion Lithium Project in Western Australia.
The first shipment of 15,000 tonnes of lithium concentrates have been loaded onto the MV Pacific Venus at the Port of Kwinana and last night departed on its journey to the Zhenjiang Port, China where it will deliver the product to Ganfeng.continue reading
Jan 1, 2017
Quarterly Activities Report
Beneficiation plant primary and secondary DMC circuit construction completed.
Beneficiation plant commissioning continued, first production achieved.
‘Pacific Venus’ vessel booked for first shipment, laycan of 2nd‐5th February.
Dec 12, 2016
Mount Marion Lithium Project Update
Neometals Ltd is pleased to provide updated guidance on the anticipated timing of the first shipment for the Mt Marion Lithium Operation, in which it holds a 13.8% equity interest.
As at 21 December 2016, approximately 6,000t of concentrate had been produced from Mt Marion, with 3,000t stockpiled at port, and with trucking continuing around the clock. Subject to the availability of a suitable vessel, the first shipment of approximately 10,000t of concentrate is expected to depart Kwinana in January 2017.continue reading
Nov 11, 2016
Mt Marion Plant Commissioning
Oct 10, 2016
Mt Marion Resource Upgrade
Snowden Mining Industry Consultants has reviewed results of recent drilling and provided a revised Mineral Resource estimate as at 21 October 2016 resulting in increases to Indicated and Inferred Mineral Resources now totalling 77.8Mt at 1.37% Li2O and 1.09% Fe; reported above a cut‐off grade of 0.5% Li2O.
The previous Mineral Resource estimate released on 5 July 2016 was 60.5Mt at 1.36% Li2O and 1.09% Fe; reported above a cut‐off grade of 0.3% Li2O.
The revised estimate represents an increase in contained Lithium content of 29.5% with a slightly increased cut‐off grade to align with pit optimisation parameters as applied by Snowden.continue reading
Sep 9, 2016
MOU for Downstream Lithium Processing Plant
Neometals Ltd (ASX: NMT) and Mineral Resources Limited (ASX: MIN) are pleased to announce the signing of a Memorandum of Understanding (MOU) to further progress the development of a downstream lithium chemical plant in the Eastern Goldfields of WA.continue reading
Aug 8, 2016
Exploration Drilling Update
Results to date have been positive with significant increases in the previously defined shallow, west dipping, spodumene‐bearing pegmatites at Area’s 1, 2, 2 West, 4, and 6.
At Area 2 West RC drilling further defined the bounds of the deep, sub vertical pegmatite ‘feeder’ previously reported in the March ASX Quarterly. This unit is a 40 to 80 metre (horizontal width) spodumene bearing pegmatite with a continuous vertical thickness up to 370 metres (e.g. MMRC0415: Pegmatite from 149‐519 metres), and a strike length of up to 350 metres (SSW‐NNE). The unit remains open at depth to the north.continue reading
Jul 7, 2016
160% increase in Mt Marion Resource Estimate
The results of the study have increased the Mineral Resource Estimate to Indicated and Inferred Mineral Resources of 60.5Mt at 1.36% Li2O and 1.09% Fe, at a cut-off grade of 0.3% Li2O (Table 1 and Appendix A), compared to 23.24Mt at 1.39% Li2O, at a cut-off grade of 0% Li2O previously. This represents a substantial increase in the size of the mineral resource, equating to a 160% increase in the total contained lithium at the Project.continue reading
Jun 6, 2016
Mt Marion Lithium - Project Shareholding Financial Close
Neometals Ltd and Mineral Resources Limited refer to announcements dated 3 June 2016 regarding the exercise of a call option by MIN to acquire an additional 13.1% of Reed Industrial Minerals Pty Ltd from Neometals.
The Companies advise that financial close occurred today with the receipt of US$19.65 million. Neometals’ cash balance is now A$79.7 million.continue reading