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Solar salt expert brings veracity and confirmation to Sol Mar project

30 November 2021 12:20
ASX: FIN

FIN will have Mr Talbot assist with advancing and unlocking the significant value of the Sol Mar Project following the recent confirmation of the project’s multi gigawatt potential of the site, comprising 386 square kilometres of granted tenements and 519km2 of tenement applications near port facilities.

A scoping study revealed established processes and technologies for producing high-quality industrial salts nestled in a prime location for cost-effective use of renewables and readily available port facilities.

The addition of further scientific capabilities is an easy decision for the tremendous potential of the project, which could potentially run indefinitely on wind and solar alone.

The renewable-focused explorer said the appointment was a clear indication of the project’s viability.

“Our primary focus is to build a team with the skills and experience to progress key planning, permitting and study activities and enter into partnerships to deliver the Sol Mar Project,” executive director Ryan de Franck said.

“His appointment is a strong endorsement of the technical fundamentals of the project and the recently completed scoping study,” executive director Ryan de Franck said

The previous head of Australian operations for Galaxy Resources and technical lead for lithium salt processing said the project’s potential was obvious.

“I’m very excited to join the Board of FIN and assist with advancing and unlocking the significant potential value of the Sol Mar project,” technical director Brian Talbot said

“I was immediately attracted to FIN’s strategic geographic location and competitive advantage of the tenements near Onslow, and to leverage this prime location and tenure into clean chemical and energy products.”

FIN’s Australian Stock Exchange-listed price has risen 3.45 per cent, trading at 3c, today (12:17 pm UTC+8)

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