Maricunga Project

The Maricunga JV Project is located within the “Lithium Triangle” in northern Chile, home to the largest and highest quality lithium brine deposits.

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A COMPELLING INVESTMENT OPPORTUNITY

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SUSTAINABILITY IN DESIGN

  • Green producer reflected in the design
  • 30% of the water is produced by the project.
  • Use of renewable solar energy.
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MITSUI: STRATEGIC ALLIANCE

Offtake and funding rights. New developments and DLE
technology testing.

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SUPPLY

  • Water supply secured throughout the mine life and
    Port logistics assessment has been completed.
  • Government approval given for the use of electricity
    infrastructure.
  • Existing international highway.
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EXCELLENT LOCAL AND
INDIGENOUS RELATIONSHIPS

New standard for the relationship with Indigenous Communities
and other Stakeholders, set on Maricunga development.

 

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HIGH QUALITY LITHIUM CARBONATE

First high purity and high-quality battery grade Li2CO3 sample
(99.4% purity) produced in 2018, using Maricunga’s brine from
the Pilot Evaporation Ponds.

 

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TIER-1 COMPANIES

The project has been developed with Tier-1 companies like
GEA, Worley, Stantec, etc.

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RESOURCES AND RESERVES
INTERNATIONAL STANDARDS

Resources and Reserves under NI 43-101 and JORC standards.
Updated M+I Resources with 90% increase for Stage One.

 

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FULLY PERMITTED

High technical environment standards reflected on the
environmental approval received by the Chilean authorities
in February 2020.

 

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STAGGERED STRATEGY

Lower risk and excellent expansion potential.

 

The Movement is Electric
2150000

JORC & Ni 43101 Lithium Resource Estimate

1160

World's Second Highest grade Lithium Deposit. (mg/L)

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One of the highest Lithium Brine flow rates in S.America. (L/s)