Altura closes in on nameplate lithium target at Pilgangoora

Altura Mining has delivered improvements to its Pilgangoora processing plant, pushing the company closer to its lithium nameplate capacity.

The company has achieved multiple daily production returns at or above its stage one target of 220,000 tonnes a year lithium concentrate equivalent at a 6 per cent grade.

Altura believes it now has a “clear pathway” to producing up to 700 tonnes a day of spodumene concentrate, 60 tonnes higher than target.

However, the company has also said it expected recovery to be slightly lower than the 80 per cent nameplate target.

Production at Pilgangoora has ramped up steadily since operations commenced in July 2018 (with first shipment in October), though the company has yet to meet its capacity target in a consistent fashion.

The company announced a $28 million raising earlier this month to provide a final push towards achieving its nameplate capacity.

Altura managing director James Brown said he had seen the improvements to the processing plant first hand and that the company had confidence to achieve its goals “in the near future”.

“The recent success by the team shows we are within reach of our targets and should remove all doubts about the project,” said Altura managing director James Brown.

“I have been fortunate to be onsite for extended periods in January and February and to interact with and observe the team delivering key milestones.”

The team has completed a stage two definitive feasibility study (DFS) to potentially double the plant’s capacity to 440,000 tonnes of spodumene a year.

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