Olaroz lithium project, Argentina
Name of the Project
Olaroz lithium project.
Location
Jujuy, Argentina.
Project Owner/s
Allkem, Toyota Tsusho Corporation and Jujuy Energia y Mineria Sociedad del Estado.
Project Description
Olaroz is a brine-based lithium facility and produces high-quality lithium carbonate chemicals for the battery, technical and chemical markets.
The project is based on a proposed Stage 1 and Stage 2 operation producing 42 500 t/y of lithium carbonate equivalent over to a mine life of more than 40 years.
Stage 1 of the Olaroz project is the original project, and has a maximum production capacity of 17 500 t/y of lithium carbonate.
Stage 2 is targeting an additional 25 000 t/y of lithium carbonate.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has a pretax net present value, at a 10% discount rate, of $7.01-billion.
Capital Expenditure
Not stated.
Planned Start/End Date
Stage 2 produced its first wet concentrate in July 2023, and is scheduled to start production in the second half of 2023.
Ramp-up activities are expected to take 15 months to complete.
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.
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