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
SUSTAINABILITY IN DESIGN
- Green producer reflected in the design
- 30% of the water is produced by the project.
- Use of renewable solar energy.
EXCELLENT LOCAL AND
INDIGENOUS RELATIONSHIPS
New standard for the relationship with Indigenous Communities and other Stakeholders, set on Maricunga development.
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.
MITSUI: STRATEGIC ALLIANCE
Offtake and funding rights. New developments and DLE
technology testing.
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.
FULLY PERMITTED
High technical environment standards reflected on the environmental approval received by the Chilean authorities in February 2020.
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.
TIER-1 COMPANIES
The project has been developed with Tier-1 companies like GEA, Worley, Stantec, etc.
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)
45
One of the highest Lithium Brine flow rates in S.America. (L/s)