Sign up Australia
Proactive Investors - Run By Investors For Investors

Prospect Resources produces ultra-high purity lithium carbonate

The production of battery grade lithium from its own resource could be a first.
Picture of lithium batteries
99.8% lithium carbonate produced the from Arcadia mine is suitable for batteries

Prospect Resources Ltd (ASX:PSC) has produced ultra-high purity 99.8% lithium carbonate from petalite ore sourced from its Arcadia lithium deposit in Zimbabwe.

A purity of 99.5% lithium carbonate is required for battery grade lithium carbonate.

As the purity level rises, more potential product applications become available and possible pricing rises.

Conventional methods of extraction utilised

A 0.8 kilogram sample of lithium carbonate was produced by Prospect Resources at the company’s laboratory in Zimbabwe

In conjunction with CSIRO Australia’s Bentley laboratory in Perth the material was purified to 99.8% lithium carbonate.

The test work process was based on conventional methods of extraction of lithium from petalite concentrate.

Prospect Resources is establishing a lithium carbonate pilot plant in Zimbabwe using the same production techniques used to generate these results.

Prefeasibility study to be completed in the first quarter of 2018

The company is preparing a pre-feasibility study for a lithium carbonate and hydroxide plant fed by the entire lithium mineral concentrate production of the Arcadia mine.

It was only at the start of December that Prospect Resources delivered a significant increase in the ore reserve at Arcadia, and it now stands at 26.9 million tonnes at 1.31% lithium.

Prospect Resources aims to be the first ASX listed lithium company to produce its own battery grade lithium carbonate from its hard rock resources. 

View full PSC profile View Profile

Prospect Resources Ltd Timeline

Related Articles

picture of coal
October 23 2017
Anglo has royalty interests in two coal mines in Australia: Rio Tinto’s Kestrel and Whitehaven’s Narrabri
1505939625_cobalt-on-periodic-table-2.jpg
September 21 2017
Cruz is cashed up and exploring across a range of properties in the US and Canada..
1511183786_Lithium-drill-core---Cinovec.jpg
November 21 2017
European Metals Holdings is rapidly moving forward with Europe's largest and most significant lithium project

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use