Highlights
- December 2020 Quarter to Date of Reporting Subsequent to the Quarter, Zero Carbon Lithium® Project’s first Pre Feasibility Study FS) demonstrated strong potential to develop a cutting edge, combined renewable energy and lithium hydroxide project, in the centre of Europe, with net zero carbon footprint.
- Positive post-tax NPV1 of €2.25B (full project, no phasing); phased option shows €700m NPV in Phase 1 and €1.4B NPV in Phase 2. Maiden Probable Ore Reserve of 1.12 Mt LCE at 181 mg/l Li across Ortenau and Taro licenses2. Projected to be one of the lowest OPEX lithium producers globally.