Nevada Lithium has announced a groundbreaking approach to lithium extraction at its Bonnie Claire project in Nevada, utilizing the Hydraulic Borehole Mining (HBHM) method. This technique, as explained by CEO Stephen Rentschler, is designed to extract mineralized slurry from depths of 1500 to 2500 feet, targeting high-grade lithium concentrations previously identified, such as the 4,154 ppm lithium over 680 feet in Hole BC2303C.
The company is currently updating its 2021 Preliminary Economic Assessment (PEA) to reflect recent drilling data from 2022 and 2023, alongside detailed HBHM process modeling. This update will encompass production rates, capital and operating expenditures, and water usage projections, providing a comprehensive overview of the project's feasibility and economic viability.
Additionally, Nevada Lithium is advancing its metallurgical work to demonstrate the production of battery-grade lithium carbonate from bulk samples of mineralized sediment. This step is crucial for validating the scalability of the extraction process and ensuring the project's readiness for commercial production.
The adoption of the HBHM method by Nevada Lithium represents a significant advancement in lithium mining technology. By focusing on efficiency and sustainability, the company is positioning itself as a key player in the lithium market, essential for powering the clean energy transition. For more information on the HBHM method, visit https://www.nevadalithium.com.
This development underscores the importance of innovative mining techniques in meeting the global demand for lithium, a critical component in electric vehicle batteries and renewable energy storage solutions. Nevada Lithium's efforts at the Bonnie Claire project highlight the potential for domestic lithium production to support the clean energy economy.
