Wednesday, December 13, 2017

The Greenbushes pegmatite, operated by Talison Lithium (acquired by Tianqi Group [CH:002466]), is in the southwest region of Australia and is the country’s largest lithium deposit. Greenbushes has been mined for tantalum and lithium. The mineable pegmatite zone extends about 2 kilometres in length and total mineral resources have been estimated at 120.6Mt with an average grade of 1.3% Li. Other lithium pegmatite deposits include the Mount Cattlin deposit (Galaxy Resources), 200 kilometres east of Greenbushes, with estimated lithium resources of 17.2Mt at 0.49% Li; and the Mount Marion lithium project, which is located ~40 kilometres southwest of Kalgoorlie in Western Australia (jointly owned by Reed Resources [ASX:RDR] and Mineral Resources Ltd. [ASX:MIN]).