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Argentinean deposit could produce 40,000 tpa
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Operating cost of $1,434/tonne
- By-product potential not factored in
Jack Elliott
Lithium Americas Corp. has released the results of a National Instrument 43-101 compliant Preliminary Economic Assessment (PEA) for its Cauchari lithium brine project in Argentina.
The group is the first lithium brine company to publicly publish its operating costs and is optimistic about the results, stating that they demonstrate the low cost potential of the project.
“The results of this independent report highlight that our lithium project has the potential to become one of the lowest cost lithium operations in the world,” said Waldo Perez, CEO of Lithium Americas.
The PEA, prepared by independent engineering firm ARA WorleyParsons, provides for a 40,000 tpa lithium carbonate production facility built in two phases, at 20,000 tpa per phase.
The...