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Canadian Energy Metals positions Canada as alumina player with Thor project
['Canadian Mining Journal Staff']
Canadian Mining Journal
Canadian Energy Metals (CEM) has announced the results of its preliminary economic assessment (PEA) for the Thor project, which indicates the potential for Canada's first major domestic alumina resource.
"This PEA confirms that the Thor project is a possible game changer for North America's aluminum supply chain.
The PEA mineral resource estimate reveals a measured and indicated resource of 49.5 billion tonnes, containing 6.8 billion tonnes of alumina, with an inferred resource of 86.6 billion tonnes.
CEM has successfully produced two types of alumina through ongoing piloting efforts: 3N Chemical Grade Alumina and 4N High Purity Alumina.
"The Thor project discovery pairs our province's pro-mining investment policies with a substantial geological advantage.