Jun 6 2014
RB Energy Inc. (the "Company" or "RBI" or "RB Energy") is pleased to confirm that it has achieved continuous production of battery grade lithium carbonate (99.9% Li2CO3) at its 100% owned Quebec Lithium operation located at La Corne, Quebec.
An initial shipment of finished product to our principal offtake partner, Tewoo, was scheduled for the beginning of this week. However, after further discussions with Tewoo it has been decided to delay the commencement of sales shipments until lithium carbonate production has reached 55 metric tonnes per week to confirm product quality consistency and to maximize shipping efficiencies. Accordingly, our efforts remain focused on continuing the commissioning process towards achieving this production level. In the meantime, shipments of larger samples to Tewoo and other customers continue on a regular basis.
Quebec Lithium remains on track to achieve commercial production levels by the end of the 3rd Quarter and "name plate" production (20,000 tonnes per annum) by the end of 2014.
Commenting on product shipment scheduling, Richard Clark, Pres. and CEO, stated:
"We are very excited to have achieved continuous production of high grade battery product at Quebec Lithium. We are now focused on increasing production levels, firstly towards meeting the initial shipping volumes required by our offtake partner Tewoo, secondly to reach commercial production levels and finally, to realize the design production threshold of 20,000 tonnes per annum. The commissioning process is on schedule and we will continue to keep the market updated with regular progress reports."
About RB Energy Inc.
RBI currently owns Aguas Blancas, a producing iodine mine in northern Chile, and Quebec Lithium near La Corne, Quebec. The Aguas Blancas operation is in production. The Quebec Lithium operation has completed construction and is in the commissioning phase. For more information regarding RBI, please refer to its public filings available at: https://www.sedar.com/homepage_en.htm
The technical contents of this release have been reviewed by Mr. Kevin Ross, Eur. Ing., a Qualified Person pursuant to NI-43-101. Mr. Ross is Chief Operating Officer of the Company and a Member of The Institute of Materials, Minerals and Mining.
Source: http://www.rb-e.com/