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Greenstone Resources has commenced a Scoping Study and Mineral Resource Estimate, incorporating project optimizations such as High-Pressure Acid Leaching (HPAL) and the addition of a cathode precursor plant to produce a Precursor Cathode Active Material (pCAM).
pCAM is a high-value product made of cobalt, nickel, and manganese, essential in the manufacturing of high-performance lithium-ion batteries, particularly for electric vehicles.
Scoping Study and associated project economics are expected to be completed in early-mid July 2023, potentially transforming the project economics and providing a foundation for future studies and consolidations to support an IPO.