- Bearing Lithium Corp. (BRZ) provided an update on production process optimizations for the Maricunga Project with Lithium Power International Ltd. (LPI)
- Lithium Carbonate with a 99.92 percent purity was produced from original, concentrated brine from LPI’s test evaporations ponds at Maricunga, exceeding the industry standard of 99.5 per cent
- Concentrated brine had been sent to LPI’s technological partner GEA Messo to further test production processes
- Bearing Lithium Corp. (BRZ) is down 6.06 per cent, trading at C$0.31 per share at 1:20 pm ET
Bearing Lithium Corp. (BRZ) provided an update on production process optimizations for the Maricunga Project with Lithium Power International Ltd. (LPI).
The Maricunga Project is located in Chile.
Lithium Carbonate with a 99.92 percent purity was produced from original, concentrated brine from LPI’s test evaporations ponds at Maricunga. This exceeds the industry standard specifications for battery-grade lithium carbonate of 99.5 per cent.
Concentrated brine had been sent to LPI’s technological partner GEA Messo to further test production processes.
Samples will now be sent to potential lithium buyers for analysis as part of LPI’s financing plans for mine construction at Maricunga.
Lithium Power’s Chief Executive Officer, Cristobal Garcia-Huidobro, commented that the team is very pleased with the positive results from these latest testing activities.
“Not only do they confirm the high quality and consistency of our product, but also the sustainability of our process. We are confident that those results will be welcomed by potential off-takers participating in the financing process of the Maricunga project.”
Lithium Power International Ltd (LPI) is a pure-play lithium company with several project regions, this includes South America’s brine region and three in Western Australia’s spodumene hard rock areas.
Bearing Lithium Corp. is an exploration and development company focused on identifying, advancing, and de-risking lithium projects.
Bearing Lithium Corp. (BRZ) is down 6.06 per cent, trading at C$0.31 per share at 1:20 pm ET.
