via Stockhead Latin Resources Limited has been a strong performer in 2023, building off the release late last year of the maiden resource at the Colina deposit at its Salinas project in Brazil. It has also benefited from growing interest in the Brazilian #spodumene industry, which has emerged as the largest hard rock #lithium producing domain outside WA and Africa. A DFS at the Project is due for completion in mid 2024 after a preliminary economic assessment that suggested the mine could produce 405,000tpa of 5.5% Li2O spodumene concentrate a year and 123,000tpa of 3% Li2O concentrate at an all in sustaining cost of US$536/t with phase 1 capex of US$253m targeting first production in 2026. Learn more: https://loom.ly/9w4RiDY #LRS #LatinResources #ASX
