Australias Reed Resources said on Friday that it has upped its minerals resource estimate on its Mount Marion project in Western Australia by 38% to 14.9m. tonnes of lithium oxide (Li2O).
The resource was initially estimated to contain 146,000 tonnes of Li2O. The project is planned to initially commence operations with a capacity of 200,000 tpa of 6% Li2O chemical grade spodumene concentrate,...