Título de la presentación
“Pastos Grandes Project: a leader among high purity lithium chemical production development projects“ Resumen de la presentación
To meet growing demand for EVs and energy storage capacity the world is in increasingly desperate need of a ¨pipeline¨ of lithium projects. Millennial’s Pastos Grandes Project is among the first tier of construction-ready projects ready to help meet that demand.
With a world-leading board and team, positive test work confirming our flow sheet for high purity (¨battery grade¨) lithium carbonate, operating production testing facilities, a feasibility study proving robust economics, strong social license credentials and the approved Environmental Impact Report, the Pastos Grandes project is construction ready and prepared to produce battery grade lithium carbonate by early 2023.
Our latest achievement is the commissioning of our pilot plant. Currently undertaking parameters optimization tests for our flow sheet, the facility is also designed to train our future operators, while refining the process and ultimately to start shipping customer samples in preparation for the production level customer qualification trials.Sobre el Disertante
Bsc. in Geology, MBA Iain Scarr - COO/Presidente - Millennial Lithium Corporation Inc, Proyecto Pastos Grandes SA
Iain Scarr is the COO for Millennial Lithium Corp. and President of the Company's Argentina subsidiary, Proyecto Pastos Grandes S.A. Mr. Scarr brings to his current work in Argentina 40 years of experience in exploring and developing industrial minerals and specialty chemicals resources. He spent 29 years with Rio Tinto where he was credited with multiple discoveries and worked on numerous projects, including the Jadar lithium project. Since leaving Rio Tinto, Mr. Scarr has worked on multiple lithium projects bringing three large lithium brine projects through feasibility. He has been based since 2010 in Salta, Argentina.
Sobre la Empresa
Millennial Lithium is focused on the development of their flagship lithium brine project, Pastos Grandes, situated in the province of Salta in the Lithium Triangle of Argentina. The company has recently completed a Feasibility Study (FS) on Pastos Grandes Project which yielded Proven Reserves of 179,000 tonnes of Lithium Carbonate Equivalent (LCE) and Probable Reserves of 764,000 tonnes of LCE. The economic analysis from the FS yielded robust economics for a 24,000 tonne/year battery grade LCE operation with a CAPEX of 458 Mio $, OPEX of 3,388 $/t LCE, NPV(8%) of 1,030 Mio $ and IRR of 24.2%. Pilot plant and pilot pond trials are ongoing at the project. Millennial is well financed and is moving towards a large project finance in 2020.
Fast development of the feasibility study, followed by production decision and project financing. planned production for 2021.
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