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Lithium hydroxide plant, US

Image of US flag and periodic table symbol for lithium

18th March 2022

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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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.

Edited by Creamer Media Reporter

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