Brief: Sayona Mining Announces First Commercial Shipment Of Spodumene Concentrate From NAL

Elevra Lithium

02/08/2023 02:39

Aug 2 (Reuters) - Sayona Mining Ltd  SYA.AX :
    * ANNOUNCES FIRST COMMERCIAL SHIPMENT OF SPODUMENE
CONCENTRATE
FROM NORTH AMERICAN LITHIUM (NAL) OPERATION IN QUÉBEC
    * FIRST SHIPMENT DELIVERED OF ABOUT 20,500 TONNES SPODUMENE
CONCENTRATE, SOLD INTO BUOYANT GLOBAL SPOT MARKET
    * PRODUCTION RAMP‐UP AT NORTH AMERICAN LITHIUM OPERATION ON
TRACK
    * NEXT SHIPMENTS OF SPODUMENE CONCENTRATE WILL BE SOLD BY
NAL TO
PIEDMONT LITHIUM
    * ESTIMATED VOLUME IS OF THE NEXT SHIPMENTS IS 30,000 METRIC
TONNES AND EXPECTED TO BE SHIPPED IN AUGUST AND SEPTEMBER
    * NAL EXPECTS TO SELL PIEDMONT LITHIUM AT LEAST 56,500
TONNES IN
THE FIRST HALF OF FISCAL 2024 VIA OFFTAKE AGREEMENT

Source text for Eikon:  ID:nASX976GrP 
Further company coverage:  SYA.AX 

 ((Reuters.Briefs@thomsonreuters.com;))