A Sudbury lithium hunter with a two large, rich deposits in northwestern Ontario thinks it has the chops to be a major supplier to the North American battery market.
Frontier Lithium has launched a preliminary economic assessment (PEA) of a mine and processor for its PAK Lithium Project, north of Red Lake, to examine becoming a “vertically integrated” producer of lithium hydroxide chemicals, the company said in a Sept.9 news release.
Since 2013, the company has outlined two spodumene-bearing lithium deposits, two kilometres apart, that outcrop at surface. Frontier said it’s amenable to low-cost, open-pit mining. Lithium hydroxide is used in batteries for electric vehicles and cell phones.
The company said its Pakeagama Lake Pegamatite (PAK) Project, 175 kilometres north of Red Lake, contains a large tonnage, highly pure, technical grade resource capable of producing a premium spodumene concentrate.
Spodumene is the most widely used lithium, mined because of its high lithium content.