Home Daily Q Sayona Mining’s Lithium Projects in Quebec Show Strong Financial Viability

Sayona Mining’s Lithium Projects in Quebec Show Strong Financial Viability


Sayona Mining Limited, a North American lithium project is expected to generate total net revenue of $7.6 billion. (ASX: SYA – OTCQB: SYAXF)

Sayona Mining Limited

Sayona Mining Limited, a North American lithium producer, has announced the results of a study combining its North American Lithium (NAL) operation and the nearby Authier Lithium Project. This study shows that the Abitibi lithium hub is financially and technically viable in the long term. Sayona Quebec, which owns NAL and Authier, is 75% owned by Sayona Mining and 25% owned by Piedmont Lithium Inc. The project is expected to generate total net revenue of A$7.6 billion, with estimated EBITDA of A$3.7 billion. The estimated net present value of A$2.2 billion is a substantial increase from NAL’s previous report. Sayona’s Managing Director, Brett Lynch, said the positive DFS reaffirmed the Company’s confidence in the long‐term value of the NAL operation.

Sayona Mining’s Revised Ore Reserve Estimate Enhances Project Economics

NAL operationSayona Mining Limited has announced a Definitive Feasibility Study (DFS) for its North American Lithium (NAL) operation. The study includes a strategic review of Mineral Resources and Ore Reserves to enhance project economics and improve understanding of the mine’s block model. Although the Ore Reserves and Indicated Resources have been reduced or reclassified in the near term, there is potential to convert current Inferred Resources to Measured and Indicated categories through new drill programs. The DFS treats acquisition costs and restart capital invested as sunk costs. The NAL operation is on schedule and within budget, with production capacity of 226,000 tonnes per annum for the next four years. For the full report click here, Microsoft Word – SYA_ASX Announ_20230414_NAL DFS_Draft (weblink.com.au)

Sayona and future projects

NAL plant scaled

Sayona will be a leading provider of not only raw lithium but also lithium hydroxide concentrates. With future plans for downstream production and concentration that will supply the lower 48 US with this critical component in batteries for the EV sector along with their partner Piedmont lithium. Piedmont has plans for a lithium hydroxide concentrator and processing plant in North Carolina where they also have their Gaston County lithium mine expansion plans in progress. This article strictly covered Sayona’s North American operations. See links below where there is much more to this complex mining company.

Additional resources and Links

SYAXF – Sayona Mining Ltd. | Company Profile | OTC Markets
Sayona Mining Limited ASX:SYA
Authier Lithium Project – Sayona Mining
Western Australia Lithium Projects – Sayona Mining

NAL plant broyeur



TradersQue Main Logo


TradersQue Tools


TradingView referral

Hi there 👋
It’s nice to meet you.
Don't miss our newsletter

Sign up to receive awesome content in your inbox, every month.

We don’t spam! Read our cookies privacy policy located in terms-and-conditions for more info.

Leave a Reply