Cobre Montana enters exclusive lithium processing agreement with metallurgy firm

By James Sean Dickson
Published: Tuesday, 11 November 2014

The mica mineral lepidolite has been an underutilised source of lithium, which is mostly extracted from brines and the mineral spodumene. Cobre’s licence deal should open up a new lithium production pathway for the company — it now needs to prove the cost competitiveness of the method.

ASX-listed Cobre Montana NL has entered a processing agreement with Strategic Metallurgy Pty. Ltd. which will give the company exclusive first rights to a processing method for the production of lithium from its Western Australia-based lepidolite mica deposits.

Covering Cobre’s Coolgardie, Ravensthorpe and Southern Cross projects, the agreement allows the company...

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