Positive Pea And Plans For Pilot Plant At Its Beihuo Salt Lake Project - Amx Mining

1888PressRelease - AMX Mining Announces Positive Preliminary Economic Assessment (PEA) and Plans for Pilot Plant at its Beihuo Salt Lake Project. The PEA forecasts average annual production of approximately 8,800 tonnes (“t”) of lithium hydroxide using more efficient and sustainable new technologies that do not require evaporation ponds. Over its expected 20-year life, the proposed project has an estimated Net Present Value (“NPV”) of $165 million and an estimated Internal Rate of Return (“IRR”) of 23%.