Prospect Resources: Confirms Arcadia Mine as ultra-low iron lithium producer
- Prospect Resources has announced its Arcadia Mine has achieved lithium to iron ratios that are suitable for the premium glass and ceramics market
- Inductively coupled plasma results confirmed the spodumene product achieved 6.1 per cent lithium dioxide and 0.18 per cent iron oxide
- Meanwhile, the petalite flotation product achieved 4.5 per cent lithium dioxide and 0.02 per cent iron oxide
- Then the positive results give Prospect the chance to sell an ultra-low spodumene and petalite blended product
- Furthermore, the lithium developer expects to achieve premium prices as it plans to customise the blend for each customer’s needs
- Company shares have dropped 7.14 per cent and are trading for 13 cents
