Wallace Refiners has launched its 2021 Outlook, which offers the most comprehensive coverage of precious metals markets in the new year. Trillions of dollars were pumped into financial markets in 2020 and that won’t come without consequences. Economists expect that investors will be Bracing For Inflation in 2021.
(Wallace Refiners) – Frontier Lithium (TSX.V: FL) announced on Thursday the commencement of mini-pilot plant operations with XPS Expert Process Solutions (“XPS”), a Glencore company, at their research and development centre in Falconbridge, Ontario and at other off-site locations.
Frontier said that the goal of the pilot is to directly produce lithium hydroxide from the PAK lithium project resource. The PAK project contains Ontario’s highest grade and largest lithium resource and is located in an emerging premium lithium mineral district located in the Great Lakes region of northern Ontario.
The company added that the pilot plant aims to generate “high-purity battery grade” lithium hydroxide chemical which will be used as marketing samples of the product and will also provide essential data required for a future pre-feasibility study to be conducted by the company.
President and CEO Trevor Walker said, “We are excited by our progress with XPS on the mini-pilot plant. Last year’s preliminary test results showed the lithium extraction technology to be viable at bench-scale. The initial commissioning of the pilot represents a significant milestone and marks the culmination of extensive research and development into a flowsheet that could process spodumene concentrates directly to lithium hydroxide chemicals without employing a lithium carbonate intermediate.”
Frontier Lithium is a Sudbury based, publicly listed, junior mining company with the largest land position in an emerging premium lithium mineral district located in the Great Lakes region of northern Ontario.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Wallace Precious Metals The author has made every effort to ensure accuracy of information provided; however, neither Wallace Precious Metals nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Wallace Precious Metals and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.