Badlands in South Dakota
Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

IRIS Metals Ltd (ASX:IR1) has completed metallurgical test work on spodumen-bearing pegmatites from its Beecher project in South Dakota, revealing that a high-purity spodumene concentrate grading more than 6.0% in lithium oxide (Li2O) can be produced.

Lithium recovery in general was more than 82% during the testing process, with the spodumene concentrate coming in at 6.1% Li2O.

Purity levels were also notable: with samples yielding as low as 0.25% Fe2O3, a figure significantly less than the industry specifications for concentrate of <1.3% Fe2O3.

The next steps for the project include bulk sample processing with Dense Media Separation (DMS) and efforts to refine Beecher’s spodumene concentrate further into lithium carbonate.

President of US operations Matt Hartmann said the results had been very exciting for the company.

“IRIS has now demonstrated the ability to develop a high purity spodumene concentrate, confirming the processing viability of our South Dakota deposits that host some of the largest spodumene crystals in the world,” he said.

“The South Dakota team is quickly moving to further refine our process flow sheet and complete process test work on additional spodumene bearing pegmatites, with the potential of a near-term bulk sampling effort.

“IRIS is advancing efforts on several fronts as we continue to unlock value across our substantial holdings in South Dakota.”

IRIS has been trading at 19.5 cents.

Join the discussion: See what HotCopper users are saying about IRIS Metals and be part of the conversations that move the markets.

ir1 by the numbers
More From The Market Online

GBM off to strong start in Lone Sister’s 50,000-metre drilling run with more high-grade gold at Twin Hills

GBM Resources has hit more high-grade gold in a 50,000m stage two drilling program within the…
The words "ASX Market Open" appear alongside a Bear ( FALL ) with a market chart graphic floating above it. The whole image is faded yellow and orange.

Market Open: Wall Street booming on buzzy tech, but Oz traders to stay tuned into US-Iran confusion instead

At The Bell — Australian shares are heading for a -0.3% start this morning, with our Week 17 divorce from Wall Street seemingl…

Listen: HotCopper Wire Podcast #047 – Maybe just send an email next time, Albo

In this week’s HotCopper Wire episode, Isaac McIntyre and Jonathon Davidson break down (poke holes in) Albo’s national address from 7PM Wednesday, talk
The Market Online Video

Introducing Prairie Lithium: Saskatchewan’s permitted lithium project ready to scale

We've spoken to Prairie Lithium founder Zach Maurer about the explorer's overall mission, right after Macquarie's…