Patriot Battery Metals Inc. (TSX: PMET) Achieves Milestone in Lithium Production with Battery-Grade Lithium Hydroxide Sample

3 min read | December 05, 2024 12:02 AM PST | By Team Kalkine Media

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Patriot Battery Metals Inc. (TSX: PMET) Achieves Milestone in Lithium Production with Battery-Grade Lithium Hydroxide Sample — Image source: shutterstock

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Highlights

Patriot Battery Metals successfully produced battery-grade lithium hydroxide monohydrate from spodumene concentrate.

The testwork, done at SGS Canada's facility, affirmed the potential of CV5 Pegmatite.

The company’s CV5 project is part of a significant lithium mineral resource in Quebec.

Patriot Battery Metals Inc. (TSX:PMET) has announced a significant achievement in its lithium production capabilities. The company has successfully produced a marketable, on-specification battery-grade lithium hydroxide monohydrate from spodumene concentrate sourced from the CV5 Pegmatite, a part of its Shaakichiuwaanaan Property located in the Eeyou Istchee James Bay region of Quebec. This success marks a critical step forward in the development of Patriot's lithium assets and enhances its position in the growing global lithium market.

The CV5 Pegmatite hosts the bulk of the Company's significant mineral resource, comprising 80.1 million tonnes (Mt) at 1.44% Li2O indicated and 62.5 Mt at 1.31% Li2O inferred. This resource is vital for the company's long-term growth, as lithium remains a key raw material for the production of batteries, particularly those used in electric vehicles (EVs) and renewable energy storage.

Located approximately 14 km from a major hydro-electric powerline corridor, the CV5 Spodumene Pegmatite is accessible year-round via all-season roads, making it a strategically valuable asset. The easy access to infrastructure is expected to contribute positively to the project's development timeline and cost efficiency, key factors that will help Patriot maintain a competitive edge in the lithium market.

The lithium hydroxide monohydrate sample, weighing 307 grams, was produced using spodumene concentrate with a lithium oxide (Li2O) grade of 6.2% and iron oxide (Fe2O3) content of 0.6%. The conversion testwork was conducted using a bench-scale equivalent of a typical downstream commercial process flowsheet at SGS Canada’s Lakefield facility in Ontario. This successful "proof-of-concept" program demonstrated the effectiveness of the process flowsheet in converting spodumene concentrate into high-purity lithium hydroxide monohydrate, meeting battery-grade specifications.

Patriot's successful lithium hydroxide production is a critical milestone as it not only demonstrates the feasibility of scaling up the process but also confirms the quality of the product that can be produced from the CV5 Pegmatite. The result aligns with previous testwork conducted by independent third parties, further validating the potential of the CV5 deposit as a significant source of high-grade lithium.

This achievement positions Patriot Battery Metals to become a key player in the lithium supply chain, especially as demand for lithium continues to surge due to the ongoing shift towards electric vehicles and renewable energy systems. The company is well-positioned to capitalize on these market trends, leveraging its significant resource base, access to infrastructure, and demonstrated ability to produce high-quality battery-grade lithium hydroxide.

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