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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Definitive Feasibility Study (DFS):
Supports 20,000 tonnes per annum production of Lithium Carbonate Equivalent (LCE)
Project NPV of US$1.302B before tax, with an IRR of 29.8%
Payback of 3.5 years on a 2-year ramp up period
Places Maricunga among most efficient producers with a LCE production cost of US$3,772 per tonne
Demand projected to grow 530% by 2030 driven by clean energy generation and storage
Limited development projects to meet demand growth
JORC & Ni 43101 Lithium Resource Estimate
World's Second Highest grade Lithium Deposit. (mg/L)
One of the highest Lithium Brine flow rates in S.America. (L/s)