Faraday lithium direct shipping ore (DSO) mining operation.
Shovel ready - Mining approvals granted (located on Mining Lease M15/102) The proposal includes development of a small open pit mine to extract lithium ore (spodumene) suitable for direct shipping to customers. LOM: 12 months (1 year). https://geodocsget.dmirs.wa.gov.au/api/GeoDocsGet?filekey=b039aeb9-6fdb-4385-a399-161ee93a3d4a-qqvj6bc7jss8gftywfzm660rsg80w9id0inaxr8l p. 1
PFS - mid 2024 to confirm appropriate development pathway. A larger scale mine design is now required to sufficiently optimise a significantly larger resource as outlined in this report. https://www.widgienickel.com.au/site/pdf/083fc68c-b07d-4152-99b9-c6291363e9df/RIU-Explorers-Conference-Presentation.pdf p. 11 |