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Neometals evaluates direct shipping of titanium and vanadium





09:28 24 Jan 2018


Prices are at near five year highs due to strong demand and Chinese cutbacks.
The Barrambie project is in Western Australia’s mid-west region


Neometals Ltd (ASX:NMT) aims to take advantage of strong titanium and vanadium prices by evaluating direct shipping options for its Barrambie project in Western Australia.
The company has received approvals to mine a circa 50,000 tonne bulk sample of high grade titanium at Barrambie and is awaiting road transport approval.
Grade control drilling has been completed in the area proposed for mining of the sample and assays are pending.
Examining DSO options

Neometals is examining direct shipping ore (DSO) options for the high grade titanium and vanadium as an option for project development.
Chris Reed, managing director, said: “With titanium and vanadium prices at near five-year highs and recent additions to the executive team, we are accelerating technical and commercial activities for Barrambie.
“With the natural advantages of the Barrambie resource we are confident of finding the best development option.”
READ: Neometals admitted to Nasdaq International Designation

The project hosts one of the world’s highest grade hard rock titanium deposits and also has significant levels of high grade vanadium.
Prices are at high levels due to strong demand in energy storage and pigment markets, exacerbated by Chinese production cutbacks due to environmental compliance issues.
Barrambie titanium and vanadium resource

Barrambie has a resource of 47.2 million tonnes at 22% titanium and 0.63% vanadium and within this is a higher grade vanadium resource grading 0.91%.
Beneficiation studies have shown this zone can be upgraded to concentrate zones of 1.4% vanadium while test work is showing titanium concentrate grades in excess of 36%.
The option of DSO with a titanium focus is the primary evaluation area for Neometals and comprehensive cost modelling has been undertaken.
Sample sent to Chinese processor

A representative sample of Barrambie DSO from the planned starter pits has been received by a Chinese titanium processor with performance tests to be completed on the sample.
The company has recently appointed former Iluka and Talison executive Paul Wallwork as general manager of marketing and product development.
Together with Eileen Hao, Neometals’ general manager in China, discussions with toll treatment operators as well as titanium and vanadium end users are progressing.



http://www.proactiveinvestors.com.au...um-190498.html
 

mark2017

Experienced member
1,036 7
Sayona mining

Sayona Mining starts Authier metallurgical pilot program
Mining News - Published on Mon, 19 Feb 2018

sayona_mining_starts_authier_metallurgical_pilot_program_38504.jpg Image Source: abnnewswire.net Sayona Mining Limited has announced that commencement of the pilot plant program for the Authier Lithium Project. The pilot program is being completed by SGS Canada at Lakefield, Ontario. SGS has extensive experience in developing spodumene concentration flowsheets. Over the last ten years, SGS has operated pilot plants for several Canadian hard rock lithium deposits.

Approximately 5.5 tonnes of mineralised pegmatite ore was collected during the Phase 3 drilling program in December 2017. The diamond drill core was assayed and stagecrushed to the appropriate particle size to feed the pilot plant. Two composite pilot plant feed samples have been prepared to represent Years 0 to 5 and Years 5+ of the operation. The pilot plant flowsheet comprises grinding, de-sliming, magnetic separation, mica and spodumene flotation. The pilot plant is scheduled to operate for 100 hours at a feed rate of 50 kg/hour.

The objectives of the piloting program are to produce a 6% Li20 concentrate at recoveries of greater than 80% and confirm:

1. Finalisation of the flowsheet and processing parameters for spodumene concentrate production developed during the Pre-Feasibility Study;
2. Produce engineering data for equipment sizing and plant design; and
3. Generation of spodumene concentrate for downstream lithium carbonate testing and marketing purposes.

The data collected from the piloting program will be incorporated into the Definitive Feasibility Study which is expected to be completed during the 2Q 2018.

Mr Corey Nolan, Chief Executive Officer, commented that "The objective of the pilot program is to further refine the design and confirm the operating parameters for the Authier process plant, in order to de-risk the plant construction, commissioning and ramp-up. The Company is focused on the rapid progression of the project towards production to capitalise on the strong projected price outlook for spodumene concentrates.”
Source : STRATEGIC RESEARCH INSTITUTE, STEELGURU
 
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