Lithium hydroxide plant, US

Name of the Project
Lithium hydroxide plant (LHP-2).
Location
US.
Project Owner/s
Piedmont Lithium.
Project Description
A preliminary economic assessment (PEA) has shown the potential of the LHP-2 to expand Piedmont’s lithium hydroxide manufacturing business using spodumene concentrate from market resources.
The PEA is based on a 30-year, 30 000 t/y lithium hydroxide conversion facility and includes spodumene concentrate receiving and/or short-term storage facilities, reagent-receiving and storage facilities, process facilities and site infrastructure.
Production will stem from 196 000 t/y of spodumene concentrate sourced from third-party spodumene concentrate purchases.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has an after-tax net present value, at an 8% discount rate, of $2.25-billion and internal rate of return of 33%, with a payback of 3.1 years from the start of operations.
Capital Expenditure
$572-million.
Planned Start/End Date
The LHP-2 is expected to achieve nameplate capacity, including overall production and battery quality production, after a 12-month ramp-up period.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Primero Group Americas (lithium hydroxide plant design and overall study integration); Metso: Outotec (lithium hydroxide manufacturing technology package); Benchmark Mineral Intelligence (lithium products marketability).
Contact Details for Project Information
Piedmont Lithium, tel +61 8 9322 6322 or email info@piedmontlithium.com.
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