American Lithium (TSE:LI) has released an update.
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American Lithium is making significant strides in enhancing the processing methods for its Falchani lithium project, achieving a 50% reduction in sulfuric acid use and moving towards on-site production of high-purity lithium carbonate. The company’s cost-effective, simplified flow-sheet and the planned pilot work in the second half of 2024 promise further operational cost reductions and the production of valuable by-products. These improvements position Falchani as a potentially low-cost leader in the lithium market.
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