News Quanta

Bradda Head Lithium chair discusses progress with San Domingo pegmatite project

By Stephen Gunnion

Bradda Head Lithium chair discusses progress with San Domingo pegmatite project

Bradda Head Lithium Ltd (AIM:BHL, OTC:BHLIF, TSX-V:BHLI) executive chairman Ian Stalker talked with Proactive's Stephen Gunnion about the company's latest progress at its San Domingo pegmatite project in Arizona.

Stalker shared details on plans to define a NI 43-101 compliant resource in 2025, moving toward production by late 2025 or early 2026. He highlighted new targets within the project area, such as Ruby Soho and Dragon, and emphasised the simplicity and cost-efficiency of the project, leveraging rented equipment and gravity separation processes to produce a quality lithium concentrate.

"We've been building momentum within San Domingo, where we're now feeling confident about getting that resource out and bringing this project into production," Stalker explained. He also noted the company's strategic focus on reducing overheads and avoiding dilution, setting Bradda Head apart from peers in a tough lithium market.

Stalker reflected on broader lithium market challenges, including falling prices and reduced production, but remained optimistic about growing global demand for electric vehicles, particularly in the US and China. He hinted at opportunities for US-based projects like Bradda Head's to attract interest from major players in the EV and battery industries.

Previous articleNext article

POPULAR CATEGORY

industry

4453

fun

5669

health

4441

sports

5882