{"id":1187221,"date":"2020-05-29T05:00:00","date_gmt":"2020-05-29T10:00:00","guid":{"rendered":"https:\/\/www.mining.com\/?p=1025405"},"modified":"2020-05-29T05:00:00","modified_gmt":"2020-05-29T10:00:00","slug":"bacanora-lithium-to-reopen-plant-at-sonora-project","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1187221","title":{"rendered":"Bacanora Lithium to reopen plant at Sonora project"},"content":{"rendered":"

Exploration and development company Bacanora Lithium (LON:BCN) announced it expects to reopen<\/a> the Hermosillo pilot plant at its flagship Sonora lithium project in Mexico next month. <\/p>\n

Despite the coronavirus pandemic,
\nthe company said it was continuing to progress all feasible workstreams, with
\nsignificant attention focused on completing work at Sonora. <\/p>\n

Bacanora also said the project review by strategic partner Ganfeng Lithium<\/a> is now scheduled for the third quarter of the year. Previously it was expected to be completed in the first six months of 2020.<\/p>\n

\n
\n

Bacanora expects to kick off site works in the first half of 2021 and to begin lithium deliveries to its offtake partners in 2023<\/p>\n<\/blockquote>\n<\/figure>\n

The delay may not impact the overall project timeline, Bacanora said. However, Ganfeng\u2019s timing of an engineering, procurement and construction proposal for the production of downstream battery-grade lithium products from the Sonora plant is also under review.<\/p>\n

The company said it anticipates lithium demand to grow by 800% by 2030, thanks to increased electric vehicles (EV) demand. <\/p>\n

“Whilst demand for internal combustion vehicles has been significantly impacted by the spread of covid-19 and a general economic slowdown, electric vehicle demand in Europe increased over 50% during first quarter [of] 2020,” Bacanora said in a media release. <\/p>\n

Bacanora now expects to kick off site
\nworks in the first half of 2021. This would allow the miner to begin lithium
\ndeliveries to its offtake partners, Ganfeng Lithium and Hanwa Corp, in 2023.<\/p>\n

The company, however, has yet to secure full financing for construction of project, which is expected to produce 35,000 tonnes of lithium per year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bacanora expects to have the Hermosillo pilot plant back up and running in June.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[1016,949,369],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1187221"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1187221"}],"version-history":[{"count":3,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1187221\/revisions"}],"predecessor-version":[{"id":1187227,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1187221\/revisions\/1187227"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1187221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1187221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1187221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}