Sayona and Piedmont acquired the NAL project in August 2021, after its previous owner sought creditor protection and suspended the operation, which consisted of an open pit spodumene mine and concentrator located in La Corne.
As part of its plans to create a lithium mining hub in the Abitibi region of Québec, Sayona aims to restore operations at NAL and integrate it with its wholly owned Authier project, which had already reached the feasibility stage and will provide supplementary ore feed to NAL.
The restart of the NAL operation would allow Sayona to launch production ahead of other North American projects, generating sustainable cash flows and putting the company on a fast track to go downstream into value‐added lithium hydroxide or carbonate production, it said.
The recent PFS for NAL confirmed potential for this Abitibi lithium hub, adding to the company’s emerging northern Quebec hub and facilitating downstream…
