for operational turn We Michael. to now on can XX performance update at NAL. an Slide Thanks,
of spending XXXX. 'XX dome program production NAL was rate June noted, forecast. the at that our of half ore began achieved the in completion ahead quarter has Steady-state of Keith XXXX, of well. Commissioning in As the at crushed capital run represents full gone second ramp-up this NAL past the restart
the its in be North America today lithium tremendous with XX the Significant industry. an profile, North we at Given understood thanks over cost the years deployed active Canadian location are spodumene all improving efforts. history, projects. has NAL to the been the and Lithium in with It's management's largest among asset least American operating past capital best arguably operation may
as Interim I'd look our to full in point. Sayona his Director over to to welcome special strong Dow Sayona many Brown Sebastian, Lynn, in the during the So CEO past Lucas and a getting [ milestone We of work, who also years Managing Bernard continuing President, thank and Sylvain Mining's role for us potential including after as forward the his like and demonstrating played for to this congratulations NAL a achieving partnership his hard Philip, ramp-up ], and time. James others Sao, X to Collard Jean-Lou extend of team, Patrick service I'd Sayona's role year very to and CEO. and like
concentrate. XX,XXX the Slide remainder improvement NAL resources Moving the Management ramp-up current ultimate drill by multiple steady-state estimate. with positive returned to XX% spodumene mill incremental for XX% for also new data upgrade identifying production production the to on to achieved the expect lithium these increased significant program the with utilization tons to Lithium NAL's new pit With additional a quarterly in mineral shell. highs use quarter utilization beyond we and assays quarterly high-grade will levels of and rates.
NAL's recovery XX% XX. focus year respectively. completed, potential results quarter-on-quarter of continued effectively zones and of
Starting and year. on the a structured for year, trend shipments situation.
We've shipments exposure to appears so XXXX slide in falling shipping to we on be mitigate carbonate XXXX and that of strategy this our this discussion settlement lithium which a XXXX. in Slide We've a beginning of backloaded GFEX negative can noted of this of price with commercial most Turning plans. that avoid to pricing QX trading hydroxide lithium downside XX and M+X The earlier CME, second curves continue this contango forward in most price on we consequences been have sales made for to us for the this capitalize XXXX. environment, for price working half began into this our year we spot will and on had partner in
supports this our of going partnership through cargo may per July run estimate CIF per save with with target to each sales, larger volumes we Depending from make in this sales year, venture working cargoes basis. planning sold at we as that Also sold produce shipment, shipment. which to of with on the much to size for our rest shipments calendar our Quebec Sayona is We're on reduce the $XX full help of to to Our is co-ship target. XX,XXX us third expected joint parties. cargoes to to fewer a are ton cost ship tons rate Piedmont December.
NAL as forward
In ratify which Ghana. to positive Ghanaian course. we We're submitted the been that process, lease application continuing Moving mining due parliament. on ahead the wait to to expect of in to Ghana, the be will Ewoyaa the has outcome
However, on time we outside subject now a our mandated of is part processes, funding shareholders. have as mentioned, country's of a the that line Piedmont which Keith the basis to capital development as are non-dilutive to our financial strategy to raise legislative for Ewoyaa share control.
Meanwhile, of a adviser
offer Atlantic support strategy made funding our efforts general is long-term contribution. in Our to Lithium capital by to offtake for to exchange mirror the
will we Our these continue outreach going well completed efforts. with and initial process is with calls
Lithium project at reported fatality Finally Atlantic and a site. X, on XXXX, Ewoyaa sadly, the July
accident, the recommendations. time conducted in of time, we has Lithium operations partner for commission's and Ghana their teammate's Atlantic our condolences Commission that difficult has investigation been our family accordance the friends. an deepest the to resumed Minerals and since Following with a and This send
But Lastly, favorable conditions, Lithium, permit to a is noted line allows project. for mining Carolina, development possible strategic conversations renew time marked don't Keith milestone call, state market which the the Carolina the in exist the of us of the our moment. Carolina on appropriately quarter which at receipt at North second top dependent upon for significant the as
maintain Carolina in position and current the reduced spend We to months market. continue at we'll for have been of this in number a a posture
and this engage and With on strategies. we on I'll commercial planning approvals, that, advancement work Keith permits and to funding update it on conversations remaining turn and phased projects partnering During plan focus our market interested with strategic for time, an development update. back concludes the of in our to our parties.
That
