- Medaro Mining Corp.’s (MEDA) mineral processing technology has progressed to an advanced stage to produce high-purity lithium, aluminum, and silica
- The technology is able to crystallize 99.98 per cent pure lithium carbonate
- Focus is shifting to isolating aluminum-rich liquid and solid materials
- It hopes to produce commercial grades of aluminum hydroxide and/or aluminum oxide
- Medaro Mining Corp. (MEDA) is unchanged trading at $0.69 per share as of 1:00 p.m. ET.
Medaro’s (MEDA) spodumene processing technology has progressed to a more advanced stage of development in the production of Li, Al and SiO2 materials.
After confirming the ability to crystallize 99.98 per cent pure lithium carbonate from spodumene (a mineral made up of lithium and aluminum components) sources, the focus of Medaro Mining’s laboratory work is shifting to isolating aluminum-rich liquid and solid materials.
The company’s goal is to eventually produce a volume of one or more commercial grades of aluminum hydroxide and/or aluminum oxide.
During these new efforts, Medaro Mining has made several important discoveries.
When optimized to a high degree, the steps taken to produce the materials to a near 100 per cent purity reduce material requirements, minimal waste production, a smaller factory footprint, and lower overall energy consumption.
Michael Mulberry, CEO of Medaro Mining, commented,
“We are extremely pleased with our progress thus far as we enter advanced stages of development on our lithium extraction technology… Results to date have been very promising and shifting our focus to isolating aluminum rich liquid and solid materials further demonstrates our commitment to not only create a process that can benefit and improve lithium mining exploration, but to create a process that is environmentally friendly.”
Medaro Mining Corp. (MEDA) is unchanged trading at $0.69 per share as of 1:00 p.m. ET.