Reference
·Supporting source
Phang-Nga lithium recoverable resource (Reung Kiet / Bang I-Tum)
~14.8 Mt ore @ ~0.45% Li2O
The Department of Primary Industries and Mines (DPIM) announced in early 2024 that the Reung Kiet and Bang I-Tum hard-rock deposits in Phang-Nga province contain an estimated 14.8 million tonnes of lithium-bearing pegmatite ore at an average grade of approximately 0.45% Li2O, yielding a potential lithium carbonate equivalent (LCE) recoverable in the rough 60,000-80,000 tonne range — comparable in scale to mid-tier Australian hard-rock deposits but small relative to the Greenbushes or Salar de Atacama tier-1 assets. The numbers are exploration-stage estimates; bankable feasibility is still pending. Pan Asia Metals and Mineral Resources & Engineering Public Co. are among the early-stage explorers active in the area.
Figure in context
The Department of Primary Industries and Mines (DPIM) announced in early 2024 that the Reung Kiet and Bang I-Tum hard-rock deposits in Phang-Nga province contain an estimated 14.8 million tonnes of lithium-bearing pegmatite ore at an average grade of approximately 0.45% Li2O, yielding a potential lithium carbonate equivalent (LCE) recoverable in the rough 60,000-80,000 tonne range — comparable in scale to mid-tier Australian hard-rock deposits but small relative to the Greenbushes or Salar de Atacama tier-1 assets. The numbers are exploration-stage estimates; bankable feasibility is still pending. Pan Asia Metals and Mineral Resources & Engineering Public Co. are among the early-stage explorers active in the area.
The Department of Primary Industries and Mines (DPIM) announced in early 2024 that the Reung Kiet and Bang I-Tum hard-rock deposits in Phang-Nga province contain an estimated 14.8 million tonnes of lithium-bearing pegmatite ore at an average grade of approximately 0.45% Li2O, yielding a potential lithium carbonate equivalent (LCE) recoverable in the rough 60,000-80,000 tonne range — comparable in scale to mid-tier Australian hard-rock deposits but small relative to the Greenbushes or Salar de Atacama tier-1 assets. The numbers are exploration-stage estimates; bankable feasibility is still pending. Pan Asia Metals and Mineral Resources & Engineering Public Co. are among the early-stage explorers active in the area.
Time scope
January 2024 DPIM disclosure
Source basis
Supporting source
Interpretation notes
What this tells you
The Department of Primary Industries and Mines (DPIM) announced in early 2024 that the Reung Kiet and Bang I-Tum hard-rock deposits in Phang-Nga province contain an estimated 14.8 million tonnes of lithium-bearing pegmatite ore at an average grade of approximately 0.45% Li2O, yielding a potential lithium carbonate equivalent (LCE) recoverable in the rough 60,000-80,000 tonne range — comparable in scale to mid-tier Australian hard-rock deposits but small relative to the Greenbushes or Salar de Atacama tier-1 assets. The numbers are exploration-stage estimates; bankable feasibility is still pending. Pan Asia Metals and Mineral Resources & Engineering Public Co. are among the early-stage explorers active in the area.
What not to do with it
Estimate is JORC-style exploration target and not a bankable feasibility study reserve. DPIM Minister Pimphattra Wichaikul's January 2024 announcement triggered the headline; subsequent clarifications walked back the implied LCE tonnage.
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Report context
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