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Bradda Head Lithium Limited ( (GB:BHL) ) just unveiled an update.
Bradda Head Lithium Ltd has announced positive results from a mineralogical ore sorting study at its San Domingo project in Arizona. The study, supervised by ABH Engineering Inc., indicates that spodumene ore is amenable to sorting, which could lead to significant cost savings and operational efficiencies. The results suggest the potential for producing a direct shipping spodumene ore, reducing upfront capital expenditures, and lowering water usage. The company plans to proceed with a Phase 2 test and further economic optimization, aligning with the US government’s push for domestic lithium production.
More about Bradda Head Lithium Limited
Bradda Head Lithium Ltd is a North America-focused lithium development group. The company is involved in the exploration and development of lithium resources, with a particular emphasis on projects in Arizona, USA. Bradda Head is working to advance its San Domingo pegmatite project, aiming to capitalize on the US government’s strategic focus on domestic mineral production.
YTD Price Performance: -11.54%
Average Trading Volume: 357,793
Technical Sentiment Signal: Buy
Current Market Cap: £4.49M
Learn more about BHL stock on TipRanks’ Stock Analysis page.