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Hosted in the mining friendly Catamarca Province, the largest and oldest Lithium producing province in Argentina.
Located at 4000 meters above the sea level, 30kms from the Chilean border, with direct road access to pacific ports by highway and to Atlantic ports through highways and railroad.
The closest population centre to the Project is the town of Fiambalá, Argentina (population 5,000), located 100 km east of the Project.
Large throughput and/or mine life expansion capabilities: 32% or resources used.
The resources go down to over 647 m depth in most of the deposit but reserves only go down to the upper aquifer in the shallow 100 metres depth.
Plenty of upside to increase reserves on the large, inferred resource at depth.
Northern High-grade zone allows to start production at higher grade with smaller ponds (lower Capex) and move south to lower grade over time.
Year | Brine Volume (Mn3) |
Avernage Li concentrartion (mg/l) | Li metal (tonnes) | LCE (tonnes) | *M&I Resources (%) | ||
---|---|---|---|---|---|---|---|
1 | 3.3 | 1.77 | 1.113 | 2.542 | 5.923 | 13.526 | 0.5% |
2-10 | 73 | 1.000 | 21.549 | 44.038 | 114.642 | 234.282 | 9% |
11-20 | 101 | 841 | 20.211 | 53.472 | 107.524 | 284.472 | 10% |
21-35 | 183 | 670 | 18.694 | 81.513 | 99.453 | 433.651 | 13% |
Total 35 years production** |
360 | 790 | 61.600 | 182.000 | 328.000 | 966.000 | 32% |