Page 8 - pd296-August21-mag-web
P. 8

sIte VIsIt                                                        Core Lithium smanaging director Stephen Biggins finds

                                                                         himself at the helm of a lithium play for the first time but
                                                                         he has quickly developed a passion for the mineral equal
                                                                                   to that he holds for the Northern Territory





































                     Core stands tall in the nT







          ining in Northern  Australia usually   “That feeds into us having a very cost   capex, the abundance of spodumene in
      Mevokes visions of 4WDs on  dusty    competitive  project  with  our  producing   the  Finniss  resource  means  Core  can
       trails and untravelled bush routes, isola-  peers in Australia.”         use dense media separation for process-
       tion from metropolitan society and being   If assessing a project’s chances of   ing,  reducing  operating  costs  on  a  per
       hours from the beach and surf.      development relies on a bingo card of   tonne basis.
        With that perception in mind, it would   questions  around  milestones,  hurdles   The  basic  flowsheet  will  also  simplify
       sound barely believable that a mining   and comparisons, a visit to Finniss with   its approach to offtake which has been
       job in the Northern Territory was only a   Biggins and senior management reveals   steadily booked since last year. Core’s
       45-minute drive from the suburbs, but   the company is marking off many of its   largest shareholder, and Chinese Te-
       that is the pitch for Core Lithium Ltd as it   targets with the steady news flow of re-  sla Inc supply partner, Yahua is bound
       seeks a workforce for its Finniss lithium   cent months.                 to take 75,000 tpa from Finniss – and a
       project. Just 88km by road from Darwin   Finding a workforce looms as a major   bevy of lithium-hungry dealers are sup-
       Port, Finniss – resource 3.4mt @ 1.4%   challenge for any mining project thanks   posedly queued behind them.
       lithium oxide – could be in production in   to an increasing national skills shortage   “We’re engaged with all parts of the
       2022 with Core confident of starting con-  but the talent pool doesn’t seem so small   lithium battery and EV supply chain that
       struction later this year.          for Core given its proximity to city life.   have approached us and keen to source
        Core managing director Stephen Big-  “We’re already getting expressed inter-  a supply of high-quality lithium concen-
       gins’ dream of putting a mine site so close   est from locals who live in Darwin who   trate from us,” Biggins said without nam-
       to  the  tourist-filled  waterfront  board-  want to work for us,” Biggins said. “We’re   ing names.
       walks and chicken parmigiana-laden bar   recruiting some of those workers at the   “There is substantial overdemand that
       menus of Darwin has been bolstered in   moment because there’s an attractive-  we’ve received for our high-quality lithi-
       recent months by offtake deals, a port   ness there to live a normal residential life   um product and we’re in the final stages
       agreement and even a gold discovery   in a capital city and then drive out to a   of negotiating and completing material
       but above all it is Finniss’ setting which   mining job as a daily commute.”  new offtake deals and we’re dealing with
       gives Core its competitive advantage.  A major plus for Core is the creation of   some of the biggest guys in the EV sup-
        “I think the location of the project adja-  another cost saving – no need for camp   ply chain.”
       cent to the capital city of Darwin and the   sites and worker accommodation.  Targeting the growing EV supply chain
       port enables the project to be one of the   Such advantages are a running theme   is an obvious move by Core and the Te-
       most  capital  efficient  lithium  projects  in   for Core in its quest to participate in the   sla connection only sweetens the deal
       Australia and around the globe,” Biggins   world’s lithium supply chain.  in a bullish lithium market experiencing
       told Paydirt.                         If a residential workforce reduces   growing pains.



       Page 8   aUgUST 2021    aUSTRaLIa’S PaYDIRT
   3   4   5   6   7   8   9   10   11   12   13