Argentina

Candelas Project

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Categories

Overview

Mine TypeIn-Situ
StagePreliminary Economic Assessment
Commodities
  • Lithium
Mining Method
  • Brine mining
Mine Life... Lock

Owners

SourceSource
CompanyInterestOwnership
Galan Lithium Ltd. 100 % Indirect

Deposit type

  • Brine

Summary:

The Candelas licence area is located within a structurally controlled basin (graben) and is part of the Hombre Muerto salar. The salar hosts a world-renowned lithium brine deposit. The lithium is sourced locally from weathered and altered felsic ignimbrites and is concentrated in brines hosted within basin fill alluvial sediments and evaporites.

The extents of the resource is approximately 2.7 km (easting) by 9.5 km (northing) by 600 m (vertical), giving a total volume of 15,390 km3.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnitsAvg. AnnualLOM
Lithium kt 14364
All production numbers are expressed as carbonate.

Production Costs

CommodityUnitsAverage
Cash costs Li2CO3 USD  ....  Subscribe
Assumed price Li2CO3 USD  ....  Subscribe
* According to 2021 study / presentation.

Project Costs

MetricsUnitsLOM Total
Initial CapEx $M USD  ......  Subscribe
Sustaining CapEx $M USD  ......  Subscribe
Pre-tax NPV @ 8% $M USD  ......  Subscribe
After-tax NPV @ 8% $M USD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
After-tax IRR, %  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNamePhoneEmailProfileRef. Date
....................... Subscription required ....................... Subscription required ........... Subscription required ........... Subscription required Subscription required Feb 6, 2024

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