Company News Summary
Mineral Resources Advises on MARBL JV to Restart Wodgina Lithium Mine
25 Oct 2021 | 09:40:00 | Associate analysts | Increase | Decrease |
Original announcement: Wodgina lithium mine to restart
Mineral Resources announced a decision by the MARBL Lithium JV (MARBL), an unincorporated JV owned 40/60 by Company and Albemarle Corporation (Albemarle) to restart operations at the Wodgina Lithium Mine (Wodgina), in the Pilbara region of WA. MARBL expects Wodgina to be restarted to safely produce spodumene concentrate during the third quarter of 2022. Wodgina, 120km south of Port Hedland has installed processing capacity of 750,000tpa of spodumene concentrate. The mine is serviced by its own 64MW gas-fired power plant, a 700-bed accommodation village and an airfield capable of landing A320 aircraft.
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