Surge Battery Metals says Nevada North project tests lift lithium extraction above 93%

  • Surge Battery Metals flagged progress toward a pre-feasibility study for the Nevada North Lithium Project via its Nevada North Lithium joint venture.
  • Metallurgical testing optimized early beneficiation to reject waste ahead of leaching, aiming to cut downstream capex and opex.
  • Leach tests delivered lithium extraction above 93% under optimized conditions; overall recovery is slated for the pre-feasibility study.
  • Scaled-up leach work is set to finish this month to supply slurry for thickening, filtration, washing tests targeting solid-liquid separation risks.
  • The 2025 PEA outlined after-tax NPV8% of USD 9.17 billion, IRR of 22.8% at USD 24,000/t LCE, opex of USD 5,243/t LCE.


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