Pursuit Minerals (ASX: $PUR) commences pilot plant operations for lithium carbonate production

Pursuit Minerals Ltd (ASX: $PUR) has completed the commissioning works of the Lithium Carbonate Pilot Plant and commenced the first phase of operations to produce Lithium Carbonate. The company aims to produce battery grade Lithium Carbonate, with the pilot plant designed to run for both continuous and batch production for 12 hours per day at a utilisation rate of 91.5%.

Executive Commentary on Lithium Carbonate Pilot Plant Operations

Pursuit Managing Director & CEO, Aaron Revelle, expressed, 'The Rio Grande Sur Project continues to advance toward first production at a significant pace. With plant operations now underway, we look forward to the production of the first Lithium Carbonate products demonstrating the enormous potential of the Rio Grande Sur Lithium Project. We continue to make significant progress on multiple fronts as we move toward becoming a Lithium producer. The entire team is very excited about the production process, and we look forward to reporting on the results over the coming months.'

Summary of Lithium Carbonate Pilot Plant Operations

Pursuit Minerals (ASX: $PUR) has commenced the first phase of operations for the production of Lithium Carbonate at its Pilot Plant. The company aims to produce 250 tonnes per annum of 99.95% battery grade Lithium Carbonate via conventional evaporation process method. Pursuit has engaged Ausenco for an independent peer review study of the plant design and is progressing environmental permitting applications for the construction of evaporation ponds. The company has also received expressions of interest for off-take agreements for the initial 250 tonnes of Lithium Carbonate production. Pursuit's engineering team is finalizing the pond layout and design, with the construction of the ponds anticipated to occur in the second half of 2024, subject to environmental approvals. The entire team is enthusiastic about the production process and looks forward to reporting on the results over the coming months, as Pursuit continues to advance toward becoming a Lithium producer.