Global Geoscience on path to being a major Lithium-Boron player

Company News

by Jessica Amir

The lithium company, Global Geoscience (ASX:GSC) says its key project is on track to production and at low costs, which paves the way for it to being a major Lithium-Boron player.

The company presented at the Cathodes 2017 Conference in California noting its Nevada, Ryolite Ridge project has many advantages over other lithium deposits, with high recoveries.

Global Geoscience’s large deposits are close to markets, while it also has two sources of revenue.

The shallow, thick and flat lying resources have sales values of over $8000 per tonne for Lithium Carbonate and $800 per tonne for Boric Acid. 

Shares in Global Geoscience (ASX:GSC) closed 2.33 per cent higher yesterday at 22 cents.

Jessica Amir

Finance News Network
Jessica joined FNN in January 2017 after having worked in financial advising for seven years and in TV journalism for seven years, specialising in finance, equities and analysis. She has interviewed former Prime Ministers of Australia, Tony Abbott, Julia Gillard and Kevin Rudd and ex Treasurer Jo Hockey. Jessica has worked as a journalist with Sky News Business, ABC 1, ABC's The Business, ABC24 and has also been a regional Channel 7 and 9 TV reporter with Prime7 and Win News.