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04/01/24 3:08 PM

#6585 RE: tononclegeorges #6584

tononclegeorges, follow Raul Del Barrio on LinkedIn he post weekly.

Raul Del Barrio
CEO RJR SALAR SpA en RJR SALAR SpA
https://www.linkedin.com/in/raul-del-barrio-0128461b8/
RJR has a few properties and are working with Sorcia and Eramet.
https://rjrlithium.cl/#

Eramet resently made a deal with RJR on other properties they own.

Eramet expands lithium business in Chile, preps production in Argentina
Bnamericas
Published: Friday, March 08, 2024
https://www.bnamericas.com/en/features/eramet-expands-lithium-business-in-chile-preps-production-in-argentina

In January, Eramet sealed a purchase agreement with local firm RJR Salar “for two salt flats totaling around 20,000ha in the Antofagasta region. One is north of Pedernales and the other is in Cancosa in Tarapacá,” RJR Salar CEO Raúl Del Barrio told BNamericas.



Copilot
Certainly! Let’s delve into the fascinating world of lithium exploration and its connection to RJR.

RJR SALAR and Lithium Exploration:
RJR SALAR is actively involved in exploring and developing mining prospects related to lithium (Li), potassium (K), boron (B), and cobalt (Co) in Chile.
Their mission is to move forward toward sustainability, recognizing that lithium plays a crucial role in shaping our future.
Here are some key points about their lithium exploration efforts:
Prospects: RJR SALAR has identified six mining prospects covering an impressive area of 60,000 hectares:
Cotacotani
Surire
Tambo
Ascotan
Huasco Lipez
Salar Maricunga (specifically within the exploitation polygon)

Innovative Technology: RJR Lithium is at the forefront of sustainable practices. They aim to utilize an innovative and highly sustainable technology developed by the Canadian company International Battery Metals (IBAT).
Direct Lithium Extraction (DLE): This technology allows for lithium extraction without relying on evaporation ponds, thus minimizing water resource consumption.
Collaboration with USACH: RJR collaborates with the University of Santiago de Chile (USACH) to explore sustainable solutions for the non-metallic mining industry.
Future Outlook: The industrial potential of lithium is comparable to historical breakthroughs in other industries (e.g., steel, oil, tech giants). RJR recognizes the opportunity to be present in the future by embracing lithium and its transformative impact1.
Sorcia Minerals and Salar de Maricunga:
On June 25, 2021, Sorcia Minerals LLC, a US company, reached an agreement with RJR SALAR SPA to exploit lithium in the Maricunga Salar, located in the Atacama Region of Chile.
Sorcia Minerals aims to introduce the innovative and sustainable technology developed by International Battery Metals (IBAT) to enhance lithium extraction in this region2.
Lithium’s Importance:
Lithium is a critical material for the energy transition, especially as the world shifts toward cleaner energy sources and electric vehicles.
Its properties, including high electrical conductivity and lightweight nature, position it as a key element for the future3.
In summary, RJR’s involvement in lithium exploration, along with Sorcia Minerals’ endeavors, reflects the growing significance of lithium in shaping our sustainable future.

Learn more 1 rjrlithium.cl
2 ensorciametals.com