Surge Announces Global Engineering Leader Fluor Corporation to Lead Pre-Feasibility Study at Nevada North Lithium Project

Core Insights - Surge Battery Metals Inc. has selected Fluor Enterprises, Inc. as the lead engineering firm for the Pre-Feasibility Study (PFS) at its Nevada North Lithium Project, marking a significant transition from exploration to development [1][2] - The PFS is expected to be delivered in Q4 2026, enabling a swift move to a Direct Feasibility Study and permitting milestones [3] - The appointment of Tu Lieu as Chief Financial Officer is noted, bringing nearly 20 years of experience in finance and accounting to the company [4] Company Overview - Surge Battery Metals Inc. is focused on securing domestic lithium supply through its Nevada North Lithium Project, which targets high-grade lithium energy metals essential for battery electric storage and electric vehicles [6] - The Nevada North Lithium Project has an inferred resource of approximately 11.24 million tons of Lithium Carbonate Equivalent (LCE) with a grade of 3010 ppm Li, and a recent Preliminary Economic Assessment (PEA) indicated an after-tax NPV of US $9.17 billion and an IRR of 22.8% at a price of $24,000 per ton of LCE [8] Engineering and Development - Fluor's involvement is seen as a validation of the project's scale and potential, bringing significant construction expertise to ensure the PFS serves as a practical roadmap to production [11] - Fluor will lead a consortium of specialized technical partners, enhancing the project's design and execution capabilities [11]