PRNewsWire
14 Jun 2026, 21:00 UTC · 3h ago
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PMET Resources completed a concept study showing the potential to refine battery-grade lithium carbonate on-site at the Shaakichiuwaanaan Project. — Moving from raw spodumene to high-value battery-grade chemicals significantly increases profit margins and reduces logistics costs.
+0.50Bench-scale results indicate that battery-grade purity is potentially achievable using the project's spodumene concentrates. — Technical proof-of-concept at the bench scale reduces execution risk, though industrial scale remains unproven.
+0.30The proposed refining process would leverage low-cost Quebec hydroelectricity to create a lower-carbon supply chain. — Low energy costs and carbon credits enhance the competitive positioning of the end product in the EV market.
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The company explicitly states the concept study is not a preliminary economic assessment or feasibility study and is insufficient for investment decisions. — This disclaimer tempers the immediate bullishness by highlighting the early stage and inherent uncertainty of the development.
-0.10Which stocks this story touches
The company reported a concept study identifying a potentially lower-cost, high-value pathway to produce battery-grade lithium carbonate on-site.
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