Sal de Vida Brine Project:
Northwest Argentina
The advanced stage Sal de Vida project is one of the largest and the highest-grade lithium and potash brine projects in the world. The preliminary economic assessment outlines an operation producing 25,000 tonnes pa lithium carbonate, and 107,000 tonnes pa potash, with a 28% IRR and a US$1.066 billion NPV
8, pre-tax. The current feasibility program is funded by a consortium that includes end-user partners, and completion is expected in mid-2012.
James Bay Lithium Project Project:
Northwest Quebec
The James Bay Lithium Pegmatite Project in Quebec hosts a NI 43-101 indicated and inferred resource at surface and it is open for expansion. The project is funded through feasibility in 2013 by earn-in joint venture partners Galaxy Resources, and is well located to provide a stable supply of lithium to the emerging lithium battery sector in North America.