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Cauchari lithium project, Argentina

Image of lithium ore

Photo by ©Bloomberg

1st December 2023

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Cauchari lithium project.

Location
Jujuy, Argentina.

Project Owner/s
Allkem.

Project Description
Cauchari has mineral resources of 6.3-million tonnes of lithium carbonate equivalent. The project is expected to produce 25 000 t/y lithium carbonate over a 30-year mine life.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has a pretax net present value of $2.52-billion.

Capital Expenditure
$659-million for mechanical completion.

Planned Start/End Date
Substantial mechanical completion, precommissioning and commissioning activities are expected to be completed in the first half of 2027, with first production expected by the second half of 2027 and ramp-up likely to take one year.

Latest Developments
Note stated.

Key Contracts, Suppliers and Consultants
Not stated.

Contact Details for Project Information
Allkem, tel +61 7 3064 3600, or email info@allkem.co.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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