International news within the industry of mining and metal, Jan, 23 2019
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Canadian mineral development firm eyes $60M lithium project

Photo: Avalon
Photo: Avalon
Published by
Jaroslaw Adamowski - 27 Aug 2018

Toronto-based Avalon Advanced Materials has unveiled an updated preliminary economic assessment for its Separation Rapids lithium project in Canada, with plans to produce 475,000 tonnes per year.

"The upfront capital expenditure requirement is C$77.7 million with a further C$13.7 million planned for the feldspar circuit in Years 5/6 (or once payback of the initial capital is complete)," the mineral development company said in a statement. 

In its PEA from 2016, Avalon Advanced Materials estimated that the project could have a throughput of some 950,000 tonnes per year. The latest version of the document assumes a 20-year operating life, resulting with an annual production of 71,500 tonnes of petalite concetrate, 11,800 tonnes of lepidolite concentrate, and, starting in the sixth year, 100,000 tonnes of feldspar, according to data released by the Canadian firm.

Since the completion of the first test shipments in July 2018, Rio Tinto increased the number of autonomous tours along the Groups iron ore lines in Western Australia in a controlled manner. Now, Rio Tintos trains have travelled over one million kilometres completely autonomously. Photo credit: Rio Tinto company
Since the completion of the first test shipments in July 2018, Rio Tinto increased the number of autonomous tours along the Groups iron ore lines in Western Australia in a controlled manner. Now, Rio Tintos trains have travelled over one million kilometres completely autonomously. Photo credit: Rio Tinto company

The world's first mining-related railway network for autonomous trains was opened

"improves productivity"

The mining company Rio Tinto's AutoHaul ™ program, which is expected to cost $ 940 million, is...