Zinnwald Lithium PLC Zinnwald And Metso Advance Joint Testwork Program
October 17 2023 - 2:00AM
RNS Non-Regulatory
TIDMZNWD
Zinnwald Lithium PLC
17 October 2023
RNS Reach
Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector:
Mining
17 October 2023
Zinnwald Lithium and Metso Advance Joint Testwork Program
Zinnwald Lithium plc ('Zinnwald Lithium'), the European focused
lithium company developing the integrated Zinnwald Lithium Project
(the 'Project') in Germany is pleased to announce that, in
conjunction with Metso, it continues to make excellent progress
developing the beneficiation plant concept for the integrated
Zinnwald Lithium Project located near to Dresden, Germany. This
unique project, which is situated in the heart of the European
chemical and automotive industries, is designed to supply battery
grade lithium hydroxide (LiOH) to the electric vehicle battery
sector.
Metso was engaged to assist Zinnwald Lithium with its Definitive
Feasibility Study in early 2022. Since then, the two companies have
been working on developing a successful beneficiation process
flowsheet based on a complete mineralogical study, batch, and
locked cycle tests. The design basis of the tests considers the
mixture of two distinctive lithium ore types, Albite Granite and
Quartz Mica Greisen, potentially expanding the resource base
considerably.
Zinnwald Lithium CEO, Anton du Plessis, commented: "Achieving
resilience and sustainability for the electric vehicle battery
supply chain is essential, including in Europe where over 30 new
gigafactories are planned by 2030. Our vision is to build a
world-leading integrated lithium hydroxide operation to support
this supply chain, adhering to the highest environmental standards.
We are therefore delighted with the progress being made with Metso
as we look to design the best possible particle sorting, otherwise
known as beneficiation process, for the plant.
"After the completion of the beneficiation pilot, we will start
refinement of the calcination and hydrometallurgical flowsheet. We
have partnered with Metso to develop and deliver this project as a
'one-stop shop' to reduce the need for engagement with multiple
suppliers and to maximize in-house know-how in the design of the
plant from Run-of-Mine to the battery-grade final product."
Mikko Rantaharju, Vice President, Hydrometallurgy at Metso
added: "Metso is delighted to support Zinnwald Lithium with the
development of this ambitious project. Development and supply of
state-of-the-art, sustainable processes and equipment for the
critical minerals required for the electric vehicle supply chain is
an essential part of our minerals processing expertise."
*ENDS*
For further information visi t www.zinnwaldlithium.com or
contact:
Anton du Plessis Zinnwald Lithium info@zinnwaldlithium.com
Cherif Rifaat plc
David Hart Allenby Capital
Dan Dearden-Williams (Nominated Adviser) +44 (0) 20 3328 5656
---------------------- --------------------------------
Oberon Capital
Michael Seabrook Ltd
Adam Pollock (Joint Broker) +44 (0) 20 3179 5300
---------------------- --------------------------------
Tamesis Partner
Richard Greenfield LLP
Charles Bendon (Joint Broker) +44 (0) 20 3882 2868
---------------------- --------------------------------
Isabel de Salis St Brides Partners zinnwald@stbridespartners.co.uk
Paul Dulieu (Financial PR)
---------------------- --------------------------------
About Zinnwald Lithium plc
AIM quoted Zinnwald Lithium plc (EPIC: ZNWD.L) is focused on
becoming an important supplier of lithium hydroxide to Europe's
fast-growing battery sector. The Company owns 100% of the Zinnwald
Lithium Project in Germany, which has an approved mining licence,
is located in the heart of Europe's chemical and automotive
industries and has the potential to be one of Europe's more
advanced battery grade lithium projects.
About Metso
Headquartered in Espoo, Finland, Metso employs over 16,000
people in close to 50 countries and sales for 2022 were circa EUR
5.3 billion. The company is listed on the Nasdaq Helsinki.
Metso is a frontrunner in providing sustainable technologies,
end-to-end solutions and services for the aggregates, minerals
processing and metals refining industries globally. By helping its
customers increase their productivity, improve their energy and
water efficiency and environmental performance with its process and
product expertise, Metso is the partner for positive change.
Metso's solutions for battery minerals cover the entire lithium,
nickel, and cobalt production chain - from the mine to battery
materials and black mass recycling - with project scopes ranging
from equipment packages to plant deliveries. For high-end
lithium-ion battery chemicals production, Metso's expertise covers
the extraction of lithium from various lithium sources up to
battery-grade lithium salts.
For further information out Metso's battery minerals processing
offering, please visit
www.metso.com
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