Smackover Lithium Announces Results Of Preliminary Economic Assessment For Its Franklin Project; Sees Unlevered After-Tax NPV Of $5B And IRR Of 24%
- Up to 70,000 tonnes per year of battery-quality lithium carbonate production
- Capital intensity of $49.9k per tonne with average annual cash operating cost of $4,226 per tonne
- Upgraded and upsized Mineral Resource with some of the highest lithium-in-brine concentrations reported in North America
- Potential to increase the scale and value through bromine and potash commercial opportunities
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