2024-03-28 16:00:00 ET
Following the filing of its preliminary economic assessment ( PEA ) for the Raleigh Lake lithium project, International Lithium (TSXV:ILC) is now seeking potential partners to advance the project to production, the company’s chairman and CEO, John Wisbey, explained.
“We’re going to do more work towards getting (the project) to the next stage,” he said, adding that the PEA pegs the pre-production capital cost at C$111.9 million.
“That's quite a lot of money, so we’re definitely looking for partners for that right now for the right terms, and there are many ways that could be done," added Wisbey.
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International Lithium Seeks Partner for Raleigh Lake Lithium Project