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Namibia produces first Lithium concentrate

22/01/2018
by Rodney Pienaar
Business

Canadian firm, Desert Lion Energy Corporation, has produced its first ever Lithium concentrate in Namibia, officials have confirmed.

The firm expects to transition from a Lithium explorer and developer to a producer, according to the President and Chief Executive Officer of the firm, Tim Johnston.

“The concentrate was produced from stockpiled material at the Company’s Lithium project, which is located approximately 30 Km southeast of Karibib and 210 Km southeast of Windhoek, the nation’s capital. This is a great milestone the firm has achieved. We are looking forward to finding suitable prospective investors to come on board so that we can expand the operation of the firm” he said.

He added that the market for Lithium is open and there is a demand for the metal all over the world.

The firm currently employs less than 30 Namibians and it is expected for the mine to be expanded which will create more jobs for locals, he added.

According to Johnston, there are approximately 700 thousand tonnes of stockpiled material and 100 Kt of fines located on Desert Lion’s exclusive prospect license that will be processed over the next 12 months.

“We are extremely excited about this milestone, which marks Phase One of the company’s production plan. With Phase Two we will look into how best we can mine more Lithium concentrate.”

“With this first production of Lithium concentrate, we transition from a Lithium explorer and developer to producer, and we are well positioned to become Namibia’s first large-scale Lithium mining operation,” he said.

Furthermore, following the production of Lithium concentrate from stockpiled material, Desert Lion will commence production of lithium concentrate from in situ ore, which is expected in the second half of 2019, Johnston explained. 

“We are looking forward to producing more. This was just the beginning and we are more likely to employ more workers once we start mining next year because we plan on expanding the mine’s operations. We are looking at possible employment of close to 10 Namibians on top of the 15 that are already employed,” he said.