Lithium Chile Inc (LITH)

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So How to Tell If Lithium Chile (TSX.V:LITH) (OTC:LTMCF) Really Has the Goods?

Lithium carbonate is the necessary ingredient for lithium-ion batteries. In general, it is far more cost effective to produce lithium carbonate from a brine source compared to a hard rock deposit. But this is only half the story, in reality, not all brine deposits are created equal.

In fact, the costs of lithium extraction vary greatly according to the specific chemical and physical properties of a particular brine.

The basic approach for producing lithium carbonate is to concentrate the lithium by pumping the brine into evaporation ponds. Essentially in evaluating the costs of this evaporation process, one looks at four main factors in the brine deposits;