Alexander Mining PLC Lithium Research & Development JV Update (9133U)

TIDMAXM

RNS Number : 9133U

Alexander Mining PLC

17 July 2018

17 July 2018

Alexander Mining plc

("Alexander" or the "Company")

Lithium Research and Development Joint Venture Update

-- Wardell Armstrong International engaged to provide an independent high-level audit of the results of the initial test work

   --    Initial test work and high-level audit expected to be completed in approximately three months 

Alexander is pleased to provide an update on the Lithium Ore Processing Joint Venture ("JV") with Dr. Nicholas Welham, Alexander's Principal Technological Consultant.

The JV covers the testing and development of a potential heap leaching process for hard rock lithium ores and will also investigate reducing the complexity and cost of the conversion process from mineral to battery grade lithium carbonate and/or hydroxide.

Alexander has engaged UK based Engineering, Environmental and Mining industry consultancy firm Wardell Armstrong International ("WAI") to provide an independent high-level technical audit of the results of the initial test work in Western Australia. It is anticipated that the test work and WAI audit should be completed in approximately three months. This audit will provide independent verification of the process, sufficient to ascertain whether or not more detailed work would be beneficial.

WAI was chosen to be retained by Alexander Mining to advise on the JV's potential novel lithium ore processing technology as a result of WAI's involvement in the on-going, highly successful Flexible And Mobile Economic Mineral Processing ("FAME" - http://www.fame-project.eu/ ) technologies project.

FAME has received significant funding from the European Union's Horizon 2020 research and innovation programme ("H2020") and has involved a significant amount of lithium related mineral and chemical processing work. There are currently 16 partners from seven countries involved in the FAME project consortium, focused on new solutions for the sustainable production of critical and strategically important raw materials.

The initial audit work will be undertaken by Dr Chris Broadbent, WAI's Research Director and Project Co-ordinator of FAME. He has considerable recent and ongoing experience of mineral processing options for hard rock lithium bearing minerals.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

ENDS

For further information, please contact:

 
 Martin Rosser 
  Chief Executive 
  Mobile: [phone] 
 
 Alexander Mining plc 
  Tel: [phone] 
  Email: [e-mail] 
  Website: www.alexandermining.com 
 
 Northland Capital Partners Limited 
  Matthew Johnson / Dugald J. Carlean 
  (Corporate Finance) 
  John Howes 
  (Corporate Broking) 
  Tel: [phone] 
 
 
  Turner Pope Investments (TPI) 
  Ltd 
  Andy Thacker 
  Tel: [phone] 
 

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July 17, 2018 08:17 ET (12:17 GMT)