Project Update: Transcontinental Resources' Greenfield Plant Nears Production Ramp-Up

Smooth Commissioning Amid Minor Challenges

Commissioning a new greenfield operation is a complex process involving testing, troubleshooting, and optimization of various plant systems and equipment. As we worked through the initial commissioning phases, we identified several minor procurement and equipment-related issues. Fortunately, these matters have not caused delays to the overall schedule, and our team is on track to meet the planned production milestones. The proactive resolution of these issues reflects our commitment to maintaining an efficient and effective project execution timeline, ensuring the plant is well-prepared to deliver.

First Lithium Products Set for December

With the successful commissioning of our cracking and leaching processes, we are on schedule to begin producing high-purity lithium compounds. This marks a key milestone in our goal to meet global lithium demand, supporting the development of lithium-ion batteries and other renewable energy solutions. Our target is to produce our first batch of lithium products by December, making Transcontinental Resources Ltd one of the newest contributors to the Western Hemisphere's lithium supply chain.

Turning By-Products into Valuable Co-Products

As our processing capabilities come online, we’re accumulating solid residues that are ideal for producing synthetic gypsum and aggregate co-products. These by-products offer an exciting opportunity to extend our commitment to sustainability by creating high-value materials from what would otherwise be waste.

Synthetic gypsum, used widely in construction, agriculture, and various industrial applications, aligns perfectly with the sustainability goals of the modern marketplace. Additionally, the aggregate co-product can be used in construction and infrastructure projects, providing a durable, eco-friendly alternative to traditional materials. By incorporating these co-products into our production model, we are advancing our mission to develop environmentally responsible practices and products that benefit both our customers and the communities where we operate.

Preparing for Market Trials and Off-Take Contracts

Producing co-products that meet commercial specifications requires extensive testing and quality verification. We are currently in the process of preparing samples for testing and market trials, which are essential steps toward securing off-take agreements for these co-products. With successful trials, we expect to expand our market offerings and establish long-term partnerships with industry players looking for sustainable material solutions.

Looking Ahead: A Greener Future

This new plant underscores Transcontinental Resources Ltd's dedication to leading in the lithium and rare earth materials sector with an environmentally conscious approach. As we ramp up production, we’re confident that our innovative solutions and focus on sustainability will have a lasting, positive impact on the renewable energy landscape.

We look forward to keeping you updated as we continue this journey toward full production capacity and expand our contributions to a cleaner, greener future. Stay tuned for more updates as we move closer to delivering the next generation of energy solutions and sustainable materials!