Alexander Mining PLC Lithium Research & Development JV Update (9133U)
July 17 2018 - 7:17AM
UK Regulatory
TIDMAXM
RNS Number : 9133U
Alexander Mining PLC
17 July 2018
17 July 2018
Alexander Mining plc
("Alexander" or the "Company")
Lithium Research and Development Joint Venture Update
-- Wardell Armstrong International engaged to provide an
independent high-level audit of the results of the initial test
work
-- Initial test work and high-level audit expected to be completed in approximately three months
Alexander is pleased to provide an update on the Lithium Ore
Processing Joint Venture ("JV") with Dr. Nicholas Welham,
Alexander's Principal Technological Consultant.
The JV covers the testing and development of a potential heap
leaching process for hard rock lithium ores and will also
investigate reducing the complexity and cost of the conversion
process from mineral to battery grade lithium carbonate and/or
hydroxide.
Alexander has engaged UK based Engineering, Environmental and
Mining industry consultancy firm Wardell Armstrong International
("WAI") to provide an independent high-level technical audit of the
results of the initial test work in Western Australia. It is
anticipated that the test work and WAI audit should be completed in
approximately three months. This audit will provide independent
verification of the process, sufficient to ascertain whether or not
more detailed work would be beneficial.
WAI was chosen to be retained by Alexander Mining to advise on
the JV's potential novel lithium ore processing technology as a
result of WAI's involvement in the on-going, highly successful
Flexible And Mobile Economic Mineral Processing ("FAME" -
http://www.fame-project.eu/ ) technologies project.
FAME has received significant funding from the European Union's
Horizon 2020 research and innovation programme ("H2020") and has
involved a significant amount of lithium related mineral and
chemical processing work. There are currently 16 partners from
seven countries involved in the FAME project consortium, focused on
new solutions for the sustainable production of critical and
strategically important raw materials.
The initial audit work will be undertaken by Dr Chris Broadbent,
WAI's Research Director and Project Co-ordinator of FAME. He has
considerable recent and ongoing experience of mineral processing
options for hard rock lithium bearing minerals.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
ENDS
For further information, please contact:
Martin Rosser
Chief Executive
Mobile: +44 (0) 7770 865 341
Alexander Mining plc
Tel: +44 (0) 20 7078 9566
Email: mail@alexandermining.com
Website: www.alexandermining.com
Northland Capital Partners Limited
Matthew Johnson / Dugald J. Carlean
(Corporate Finance)
John Howes
(Corporate Broking)
Tel: +44 (0) 20 3861 6625
Turner Pope Investments (TPI)
Ltd
Andy Thacker
Tel: +44 (0) 20 3621 4120
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END
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