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PLATYPUS MINERALS LTD

ASX: PLP

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Description

Platypus Minerals was formerly know as Ashburton Minerals Ltd. PLP is a lithium exploration company with wholly owned projects and joint ventures in Australia, Canada, Brazil and Argentina.

Exploration:

  • Lemare Project, James Bay, Quebec, Canada
  • Euriowie Project, Broken Hill, NSW
  • Brazil-wide MOU with Crusader Resources (ASX:CAS)
Technology (patents under application):
  • L-Max® -extraction of lithium from Li-mica (lepidolite, zinnwaldite)
  • Lithium-phosphate process: lithium from Li-rich amblygonite, montebrasite

Note:
  • 100% owned proprietary process (patent applied for) to extract lithium from lithium bearing micas (lepidolite, zinnwaldite)
  • 3 licences already sold to Lithium Australia (ASX:LIT) and in ongoing discussions for additional licence sales
  • Completed mini plant run to successfully produce lithium carbonate using ore provided by Lithium Australia
  • Battery grade lithium carbonate produced in batch-tests (purity >99.5% Li2CO3)
  • Extraction of lithium from micas has potential cost advantages against traditional spodumene processing
  • No roasting of ores required (high cost exercise)
  • Value added from by-products derived from feedstock (Potash, Sodium Silicate and Aluminium Fluoride

Mine For

Lithium

Location of operation(s)

Australia, Canada, Brazil and Argentina.

Address

Level 1, 254 Railway Pde
West Leederville, WA 6007, Australia

Phone

+61 (08) 9363 7800

Email

Website


Last Updated

8/08/2016

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.

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