Key Attributes
Size:
One of the largest, most advanced lithium brine projects in the world
Recent NI 43-101 compliant resource estimate upgrade increased the overall resource by over 60%.
5.3 million tonnes of lithium carbonate equivalent measured and indicated
2.7 million tonnes of lithium carbonate equivalent inferred
17.2 million tonnes of potash equivalent measured and Indicated
8.2 million tonnes of potash equivalent inferred
the 43-101 resource estimate was obtained from only approximately one-third of the Company’s main property package, with all drill holes still open at depth
High Quality:
Average lithium concentration from upgraded resource estimate increased 13% ( from 580 mg/L to 656 mg/L in the measured resource)
Low Mg/Li ratio
High Potassium
Significant Potash Credits
Boron Credits
All other chemicals and impurities similar to producing mines
Low Cost:
Lithium Americas’ large land package of 146,821 hectares is located in the Puna Plateau, an area which hosts approximately 84% of the world’s lithium brine reserves and includes 3 of the world’s 4 commercial lithium brine deposits
Given the extremely dry conditions associated with the Puna Plateau, the high winds and year around sun irradiation ensures high evaporation rates that speed track brine concentration and processing
Lithium Americas’ main exploration property is located on a paved highway with access to extensive regional infrastructure, key factors to keep costs low
Natural Gas pipeline located 40 Km to the north ensures very cheap source of energy
Railroad located 40 Km to the south provides other alternatives to low cost transportation
Deep Sea port located 500Km to the Project (with railroad and paved road access from the project)
Advanced Exploration/Development:
There are only 4 lithium brine deposits in the world currently in commercial production
Having completed its extensive exploration program and resource estimate, Lithium Americas is on track to become one of the next producers in the region
The Company has completed construction of on-site lab and pilot scale evaporation facilities and is currently constructing industrial size test ponds
Production well drilling program underway
ARA WorleyParsons retained as engineering firm and is expected to complete a preliminary economic assessment of the project in Q1 2011
Strategic Investors:
Magna International and Mitsubishi Corporation are both equity investors in Lithium Americas Corp, in addition to both having off-take arrangements with the Company.
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