Desert Lion Energy phase 1 flotation plant to be lowest capital cost intensity plant amongst Hardrock Lithium peers
Lithium developer and emerging lithium concentrate producer Desert Lion Energy Inc announced that the completion of the capital cost estimate for the Phase 1 floatation plant by Tulela Processing Solutions. The total estimated cost for the company’s Phase 1 floatation plant, capable of processing between 350 000 tonnes (t) – 400 000t of feed per year, is estimated to be approximately C$7m (N$70m).
“The Phase 1 floatation plant is a critical component of our execution strategy, allowing us to continue to generate cash and systematically de-risk project. The low capital cost intensity of the Phase 1 floatation plant further demonstrates the jurisdictional and asset specific benefits of the Desert Lion Energy Lithium project,” commented Tim Johnston, president and chief executive officer of Desert Lion Energy.
The Phase 1 floatation plant will be used to process the fines from the historic run of mines stockpiles at the Rubicon and Helikon mines as part of a three-phase execution plan: (i) Phase 1, the processing of the historic run of mine stockpiles at the Rubicon and Helikon mines; (ii) Phase 2, large scale mining and concentrate production from in situ material to produce a total of 250 000t – 300 000t per year of concentrate; and (iii) Phase 3 25 000t per year of lithium carbonate production in Walvis Bay, Namibia.
About Desert Lion Energy
Desert Lion Energy is an emerging lithium development company focused on building Namibia’s first large-scale lithium mine to be located approximately 210km from the nation’s capital of Windhoek. The company’s Rubicon and Helikon mines are located within a 301km2 prospective land package, with known lithium bearing pegmatitic mineralization and the Company is currently in Phase 1 of its production plan, producing and exporting lithium concentrate from stockpiled material. The project site is accessible year-round by road and has access to power, water, rail, port, airport and communication infrastructure.
“The Phase 1 floatation plant is a critical component of our execution strategy, allowing us to continue to generate cash and systematically de-risk project. The low capital cost intensity of the Phase 1 floatation plant further demonstrates the jurisdictional and asset specific benefits of the Desert Lion Energy Lithium project,” commented Tim Johnston, president and chief executive officer of Desert Lion Energy.
The Phase 1 floatation plant will be used to process the fines from the historic run of mines stockpiles at the Rubicon and Helikon mines as part of a three-phase execution plan: (i) Phase 1, the processing of the historic run of mine stockpiles at the Rubicon and Helikon mines; (ii) Phase 2, large scale mining and concentrate production from in situ material to produce a total of 250 000t – 300 000t per year of concentrate; and (iii) Phase 3 25 000t per year of lithium carbonate production in Walvis Bay, Namibia.
About Desert Lion Energy
Desert Lion Energy is an emerging lithium development company focused on building Namibia’s first large-scale lithium mine to be located approximately 210km from the nation’s capital of Windhoek. The company’s Rubicon and Helikon mines are located within a 301km2 prospective land package, with known lithium bearing pegmatitic mineralization and the Company is currently in Phase 1 of its production plan, producing and exporting lithium concentrate from stockpiled material. The project site is accessible year-round by road and has access to power, water, rail, port, airport and communication infrastructure.
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