U.S. miner Piedmont Lithium has unveiled an updated global mineral resource (MRE) estimate for its flagship Carolina lithium project in North Carolina, the U.S.
“The MRE includes updates for lithium and industrial mineral products. The total MRE for the project is 44.2 Mt [at] 1.08% Li2O, with 64% of the total MRE classified in the Indicated category,” the company said in a statement.
Keith D. Phillips, the firm’s president and CEO, said “Carolina Lithium has one of the largest spodumene resources in North America, and the only one located in the United States. The increase in ‘Indicated’ resources of over 100% relative to resources previously reported under Australian standards, will underpin the definitive feasibility study for Carolina Lithium that we plan to publish later in 2021.”
Piedmont Lithium says it aims to complete a definitive feasibility study of the project within the fourth quarter of 2021.