The Cauchari-Olaroz lithium brine project is located in Jujuy Province in northwestern Argentina and uses clean solar energy as the main source of lithium energy. The project is under construction and is scheduled to be completed in 2020 and put into production in 2021.
|
Mineral Resources（2019） |
||||
|
Category |
Average lithium grade (mg/l) |
Brine (m³) |
Lithium metalL |
LCE |
|
Measured |
591 |
1.1 × 109 |
667,800 |
3,554,700 |
|
Indicated |
592 |
5.2 × 109 |
3,061,900 |
16,298,000 |
|
Inferred |
592 |
1.5 × 109 |
887,300 |
4,722,700 |
According to estimates of mineral reserves in May 2019, Cauchari-Olaroz resources are approximately 24.58 million tons of LCE, and the lithium resource reserves support an annual output of more than 40,000 tons of battery-grade lithium carbonate for more than 40 years.
The company holds a 46.67% stake in Minera Exar, which owns the Cauchari-Olaroz project.
