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Bacanora Lithium's Peter Secker details Zinnwald feasibility study

Published: 00:42 07 Jun 2019 AEST

Bacanora Lithium PLC's (LON:BCN) Peter Secker talks Proactive London's Andrew Scott through the feasibility study for their Zinnwald project in Germany.

It indicates 94,000 tonnes of reserves and a net present value of €428mln.

Costs to build the mine are estimated at €159mln, which will be paid back after six years of the estimated 30-year mine life.

Bacanora Lithium advancing Sonora debt and equity financing

Peter Secker, chief executive of Bacanora Minerals Ltd (LON:BCN) caught up with Proactive's Andrew Scott to update on financing discussions for the Sonora lithium mine in Mexico. Secker says they're still on track to begin production in the first quarter of 2020 and is expecting...

on 13/4/18