Lithium Americas is developing one of the world’s Largest and Lowest Cost lithium operations. Key highlights:
- 3rd Largest Lithium Brine Resource in the World (with potash by-product credit)
- Advanced Stage – Battery grade Lithium Carbonate Produced by pilot plant
- Favorable Project Economics- Preliminary Economic Assessment identifies project NPV of US $983 million pre-tax (8% discount rate) and one of the lowest lithium carbonate operating costs in the world
- Definitive Feasibility Study expected to be complete in Q2 2012, with mine construction expected to commence shortly thereafter
- Two Strategic Investors with Off-Take Arrangements
- Mitsubishi Corporation and Magna International collectively own ˜ 17% of the shares outstanding, in addition to having off-take arrangement with the option to purchase up to 37.5% of the Company’s future lithium production
- Long Term land agreements secured
- Environmental and Social Baseline Studies completed
- Environmental Impact Statement completed and submitted for approval
- Fully funded through Definitive Feasibility Study