— DEVELOPMENT PLAN
From evaluation wells to commercial start-up.
A staged programme running from 2027 through to first production — each phase designed to retire a specific technical or commercial risk before the next commits capital.
— ROADMAP
Calendar years are shown only where the plan specifies them. Everything after the Final Investment Decision is dated relative to that decision, because the duration is planned but the start date is not yet fixed.
— PHASE ONE · 2027
Evaluate and pilot.
The year that turns an inferred resource and two encouraging DLE pilots into measured deliverability and a committed partner for extraction technology.
What 2027 is really for
This year marks when the Peace River Project firmly advances to commercialization. Important development work includes determining how much brine the formation(s) will actually produce on a sustained basis, and which extraction DLE technology will NeoLithica select for commercial scale-up.
Evaluation drilling addresses the first. The move from multi-vendor piloting to a single named partner addresses the second. Neither can be deferred into the build.
— PHASE TWO · 2028
Demonstrate and scale.
Continuous operation on real produced brine, and the independent studies that make the project financeable.
Why the pilot will be scaled up
Extraction tests completed to date include 6,000 litres of Peace River brine, and batch testing of Redwater brine.
A commercial plant runs continuously for years. A scaled demonstration pilot is what closes the distance between a successful test and a future commercial design basis. This key work will be conducted in 2027.
— THE GATE
Final Investment Decision.
Feasibility-level engineering, a committed technology partner, verified product samples and project financing all have to be in hand before construction capital is committed. That is the point of sequencing them first.
