Transcript
Adam Smits: We’re now in the central eastern goldfields of Western Australia, we’re at Kathleen Valley, we’re on Mount Mann, which is where our first pit will be mined. We’ve got two pits as part of this project. Project life is up 23 years.
I think the most important part of the project for me has been converting what was a study into now what is reality, we’re really building this. And we always had that intention & we’re going to build it for the right reasons and we’re going to build it the right way.
I think the key thing with Kathleen Valley, which I guess it makes it fairly unique in the market currently, is that we’re actually in construction. If you want to be producing a lithium concentrate in 2024, which is what our target is, you need to be in construction today.
We’ve got a resource that is in the lithium world, fairly massive. It’s definitely one of the biggest in the world. I think it’s the fifth or sixth biggest, 156 million tonnes, grading 1.4% lithium. This is a significant project not just for us, the company, the shareholders, it’s significant for the state, it’s significant for Australia because we have aspirations beyond just making a 6% concentrate that get shipped off around the world.
We actually want to go downstream and we’re very committed in that in that respect. It’s something that we’ve had on our trajectory from day one.
