Annual Report to Shareholders
Brisbane, Oct 26, 2018 AEST (ABN Newswire) - Sayona Mining Ltd (
ASX:SYA) (DMNXF:OTCMKTS) provides the Company's Annual Report to shareholders.
Sayona's strategy is to develop projects to supply the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors.
HIGHLIGHTS
- DFS confirms the project profitability with a projected pre-tax NPV of C$184m (A$194m)
- Increased Ore Reserve to 12.1 million tonnes
- All major Authier environment studies completed
- AUD $12 million capital raising
- Acquisition of Tansim exploration permits
- Drilling program for WA lithium projects
To view the full report, please visit:
http://abnnewswire.net/lnk/G80F638V
About Elevra Lithium Limited
Elevra Lithium Limited (ASX:ELV) (NASDAQ:ELVR) is a dual-listed lithium producer and developer, supplying a reliable, secure and sustainable source of this critical mineral at the heart of global electrification.
Headquartered in Brisbane, Australia, Elevra has a globally diversified portfolio of world-class lithium assets across Quebec, North Carolina, Ghana, and Western Australia. Elevra was formed through the merger of Piedmont Lithium and Sayona Mining.
By combining operational excellence with disciplined asset management, we strive to maximise efficiency, drive superior shareholder value, and create lasting benefits for all stakeholders.
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