Standard Lithium files assessment report for South-West Arkansas Lithium Project

The technical report, entitled ‘Preliminary Economic Assessment of SW Arkansas Lithium Project’, was prepared by independent consulting companies: NORAM, Hunt, Guillot & Associates (HGA), APEX Geoscience Ltd., ECCI, Matrix Solutions Inc., and METNETH₂O Inc.

Key points:

• Pre-tax US$2.83 billion NPV at 8% discount rate and IRR of 40.5%.
• After-tax US$1.97 billion NPV at 8% discount rate and IRR of 32.1%.
• 20-year mine-life producing an average of 30 000 tpy of battery-quality lithium hydroxide monohydrate (LHM).
• Operating costs of US$2599/t of battery quality lithium hydroxide.
• AACE Class 5 Total CAPEX estimate of US$870 million including conservative 25% contingency of direct capital costs.
• SW Arkansas Lithium Project PEA lithium brine resource is updated to consider the potential unitised area of production, leading to an increased total (global) in-situ resource of 1.19 million t of lithium carbonate equivalent (LCE) at the Inferred Category.

Read the article online at: https://www.globalminingreview.com/exploration-development/29112021/standard-lithium-files-assessment-report-for-south-west-arkansas-lithium-project/