Hombre Muerto North lithium project, Argentina
Name of the Project
Hombre Muerto North lithium project.
Location
Salta province, Argentina.
Project Owner/s
NRG Metals.
Project Description
A preliminary economic assessment (PEA) has established the project as having significant potential.
It has measured and indicated resources of 141.8-million tonnes grading 756 mg/ℓ lithium and 6 803 mg/ℓ potassium.
The PEA provides support for the development of a 5 000 t/y lithium carbonate plant. Well holes with internal pumps will be used to transfer brine to one of three preconcentration ponds located near the processing plant.
Processing includes classic lithium solar concentration and prepurification through solar evaporation followed by advanced hydrometallurgical processing where the brine is further purified, and the lithium is recovered as a high-purity lithium carbonate.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has an after-tax net present value, at an 8% discount rate, of $217-million and an internal rate of return 28%, with a payback of 2.8 years.
Capital Expenditure
The project has a capital expenditure of $93.36-million.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts and Suppliers
Knight Piésold Consulting and JDS Energy and Mining (PEA).
On Budget and on Time?
Not stated.
Contact Details for Project Information
NRG Metals, email info@nrgmetalsinc.com.
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