Lepidico’s Namibian project proves positive

A definitive feasibility study (DFS) by ASX-listed Lepidico into an integrated mine, concentrator and chemicals plant has proven the economics of the Phase 1 development of its Karibib lithium asset, in Namibia.

The Phase 1 study is based on a modest-scale commercial plant processing a lithium mica concentrate feed at a rate of 6.9 t/h to produce some 4 900 t/y of nominal battery grade lithium hydroxide monohydrate and a suite of high value and bulk by-products.