Brief: Sayona Mining Says Operational Review Supports Nal Ramp-Up Plan

Elevra Lithium

04/04/2024 12:33

April 4 (Reuters) - Sayona Mining Ltd  SYA.AX :
    * OPERATIONAL REVIEW SUPPORTS NAL RAMP-UP PLAN
    * JV PARTNERS AGREED TO CONTINUE NAL PRODUCTION RAMP-UP
TOWARDS
STEADY STATE PRODUCTION
    * TARGET TO REDUCE NAL UNIT OPERATING COSTS BY END OF 2024
    * TARGET TO REDUCE NAL UNIT OPERATING COSTS BY END OF 2024
    * OVER LONG TERM, REMAIN OPTIMISTIC ABOUT DEMAND PROFILE FOR
SPODUMENE CONCENTRATE, OTHER LITHIUM CHEMICALS
    * JV PARTNERS EVALUATED VARIOUS CARE & MAINTENANCE SCENARIOS
COVERING OPTIONS TO EITHER SLOW DOWN OR CEASE MINING, AMONG
OTHERS
    * THERE IS CLEAR LINE OF SIGHT TOWARDS ACHIEVING STEADY
STATE
PRODUCTION IN 2024 FOR NAL

Further company coverage:  SYA.AX 

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