RCS - Zinnwald Lithium PLC - Zinnwald And Metso Advance Joint Testwork Program

Zinnwald LithiumAnnouncement

17/10/2023 08:00

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RNS Number : 2782Q  Zinnwald Lithium PLC  17 October 2023

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Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector: Mining

 

 

17 October 2023

 

Zinnwald Lithium and Metso Advance Joint Testwork Program

 

Zinnwald Lithium plc ('Zinnwald Lithium'), the European focused lithium
company developing the integrated Zinnwald Lithium Project (the 'Project') in
Germany is pleased to announce that, in conjunction with Metso, it continues
to make excellent progress developing the beneficiation plant concept for the
integrated Zinnwald Lithium Project located near to Dresden, Germany. This
unique project, which is situated in the heart of the European chemical and
automotive industries, is designed to supply battery grade lithium
hydroxide (LiOH) to the electric vehicle battery sector.

 

Metso was engaged to assist Zinnwald Lithium with its Definitive Feasibility
Study in early 2022.  Since then, the two companies have been working on
developing a successful beneficiation process flowsheet based on a complete
mineralogical study, batch, and locked cycle tests. The design basis of the
tests considers the mixture of two distinctive lithium ore types, Albite
Granite and Quartz Mica Greisen, potentially expanding the resource base
considerably.

 

Zinnwald Lithium CEO, Anton du Plessis, commented: "Achieving resilience and
sustainability for the electric vehicle battery supply chain is essential,
including in Europe where over 30 new gigafactories are planned by 2030. Our
vision is to build a world-leading integrated lithium hydroxide operation to
support this supply chain, adhering to the highest environmental standards. We
are therefore delighted with the progress being made with Metso as we look to
design the best possible particle sorting, otherwise known as beneficiation
process, for the plant.

 

"After the completion of the beneficiation pilot, we will start refinement of
the calcination and hydrometallurgical flowsheet. We have partnered with Metso
to develop and deliver this project as a 'one-stop shop' to reduce the need
for engagement with multiple suppliers and to maximize in-house know-how in
the design of the plant from Run-of-Mine to the battery-grade final product."

 

Mikko Rantaharju, Vice President, Hydrometallurgy at Metso added: "Metso is
delighted to support Zinnwald Lithium with the development of this ambitious
project. Development and supply of state-of-the-art, sustainable processes and
equipment for the critical minerals required for the electric vehicle supply
chain is an essential part of our minerals processing expertise."

*ENDS*

 

 For further information visit www.zinnwaldlithium.com
(http://www.zinnwaldlithium.com) or contact:

 

 Anton du Plessis       Zinnwald Lithium plc  info@zinnwaldlithium.com (mailto:info@zinnwaldlithium.com)

 Cherif Rifaat
 David Hart             Allenby Capital       +44 (0) 20 3328 5656

 Dan Dearden-Williams   (Nominated Adviser)
 Michael Seabrook       Oberon Capital Ltd    +44 (0) 20 3179 5300

 Adam Pollock           (Joint Broker)
 Richard Greenfield     Tamesis Partner LLP   +44 (0) 20 3882 2868

 Charles Bendon         (Joint Broker)
 Isabel de Salis        St Brides Partners    zinnwald@stbridespartners.co.uk (mailto:zinnwald@stbridespartners.co.uk)

 Paul Dulieu            (Financial PR)

 

About Zinnwald Lithium plc

AIM quoted Zinnwald Lithium plc (EPIC: ZNWD.L) is focused on becoming an
important supplier of lithium hydroxide to Europe's fast-growing battery
sector. The Company owns 100% of the Zinnwald Lithium Project in Germany,
which has an approved mining licence, is located in the heart
of Europe's chemical and automotive industries and has the potential to be
one of Europe's more advanced battery grade lithium projects.

 

About Metso

Headquartered in Espoo, Finland, Metso employs over 16,000 people in close to
50 countries and sales for 2022 were circa EUR 5.3 billion. The company is
listed on the Nasdaq Helsinki.

 

Metso is a frontrunner in providing sustainable technologies, end-to-end
solutions and services for the aggregates, minerals processing and metals
refining industries globally. By helping its customers increase their
productivity, improve their energy and water efficiency and environmental
performance with its process and product expertise, Metso is the partner for
positive change.

 

Metso's solutions for battery minerals cover the entire lithium, nickel, and
cobalt production chain - from the mine to battery materials and black mass
recycling - with project scopes ranging from equipment packages to plant
deliveries. For high-end lithium-ion battery chemicals production, Metso's
expertise covers the extraction of lithium from various lithium sources up to
battery-grade lithium salts.

 

For further information out Metso's battery minerals processing offering,
please visit

www.metso.com (http://www.metso.com)

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