The Bald Hill joint venture between Tawana Resources (ASX:TAW) and Alliance Mineral Assets (SGX:40F) is currently on track to exceed their lithium concentrate targets for the remainder of the year. The project is located in WA’s eastern goldfields and comprises of four mining leases, 16 exploration/prospecting licences and five applications totalling 774km sq. The owners plan to produce 75,000 tonnes of lithium concentrate between July and December, an achievable target given the sites successful generation of almost 22,000 tonnes of concentrate during July and August.
Tawana Managing Director, Mark Calderwood said “The Bald Hill joint venture is continuing to make excellent progress at the Bald Hill mine and we are on track for our targeted production of concentrate by calendar year end,”
“We remain fully focused on getting the project operating to its optimum level as soon as possible, and with the optimisation studies currently underway, we anticipate making further significant gains in throughput increases,” he added.
Tawana first announced lithium concentrate production in March this year, with primary samples indicating 7.03% lithium, 0.34% iron, plus 1.12% sodium and potassium. The plant has been ramping up steadily for the last few months, with monthly shipments to Chinese clients such as Jiangte Special Electric Motor Co. Ltd.
Tawana and are now focused on achieving maximum steady state production from the Stage 1 DMS circuit and optimising lithium yields. The JV is also working on completion of the Stage 2 lithium fines circuit design and re-commissioning the existing tantalum circuits at Bald Hill.