Brazil Lithium Project Feasibility Study Yields Promising Results

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Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Lithium Ionic's (Toronto, Canada) feasibility study of its Brazil Bandeira mine project suggests annual production of 24,200 tons of lithium carbonate equivalent (LCE) during a mine life of 14 years. The company could mine a total of 17.2 million tons of ore over the project's lifespan.

The Bandeira project is located in Brazil's Minas Gerais state and covers 157 hectares, accounting for about 1% of the company's land package across the state. According to the company's statement, the project is well connected to major highways and is about 570 kilometers (354 miles) from the port of Ilheus in Bahia.

The construction of Bandeira could begin in third-quarter 2025 with an expected production start in third-quarter 2026. The project's operating cost would be US$444 per ton of 5.5% Li2O spodumene concentrate produced. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can click here for the project report and click here for the plant profile.

"We look forward to continuing to rapidly advance Bandeira towards production, recognizing that this will deliver the most value to our shareholder; however, we are very excited by the growth opportunities and development potential at our other regional properties, which could present significant future scale opportunities for the company," said Lithium Ionic Chief Executive Officer Blake Hylands in a May 29 press release.

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