Global Says Feasibility Study Confirms Western Australia Project as Long-Life, Economically Robust Lithium Asset; Shares Fall 3%
MT Newswires Live
Dec 04, 2025
Global Lithium Resources (ASX:GL1) said a definitive feasibility study confirmed the Manna Lithium project as a long-life and economically robust lithium asset, according to a Thursday filing with the Australian bourse.
The study generated an internal rate of return post-tax of about 26%, and a total mineral resource estimate of 51.6 million tonnes at 1% lithium oxide (Li2O3), the filing said.
It also showed an initial life of mine of 14.3 years, with an all-in-sustaining cost of $738 per tonne and over 82% of the mining inventory supported by ore reserves, the filing added.
Shares of the company fell 3% in recent Thursday trade.
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