Overview
Stage | Construction |
Mine Type | In-Situ |
Commodities |
|
Mining Method |
|
Production Start | ... |
Mine Life | 40 years (as of Jan 1, 2022) |
The construction of the Centenario-Ratones lithium plant (Phase I), launched in 2022, is continuing and had achieved a completion rate of more than 70% at end-September 2023.
Eramet’s Board of Directors recently approved the investment decision for the development of the first tranche of Phase 2 for an additional 30kt LCE per year. This approval remains subject to obtaining construction permits. Start of production is expected in Q2 2026. |
Source:
p. 10,20
Company | Interest | Ownership |
Tsingshan Holding Group Co.
|
49.9 %
|
Indirect
|
Eramet Group
|
50.1 %
|
Indirect
|
Eramine Sudamérica S.A.
(operator)
|
100 %
|
Direct
|
Eramet has a majority share of 50.1% in the project and manages it from an operational standpoint. Tsingshan is fi nancing a large part of the plant construction and will take a 49.9% stake in the project.
Eramine Sudamerica (50.1% Eramet) owns 100% of the Centenario-Ratones project with perpetual mining rights.
Contractors
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Summary:
The project area is a hydrological basin containing two salt flats, Centenario and Ratones. The Ratones Salar is located to the N of C° Ratones. A mountainous island of metamorphic rocks emerges in the central eastern part of the salt flats, where it forms a wide bay in its southern sector. Within and around the bay is the borate concentration. The Salar de Centenario is the continuation of the previous one, from which it is separated by the confluence of two important alluvial cones that expand into the depression. Genetically, it is related to the development of an important alignment of extinct hot springs, whose travertine remains can be seen on the eastern edge of the salar, coinciding with the regional fracture that limits the depression.
Summary:
Mining Method: Pumping - Chemical adsorption.
Flow Sheet:
Summary:
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Projected Production:
Commodity | Units | Avg. Annual |
LCE
|
kt
| 24 |
Operational Metrics:
Metrics | |
Annual production capacity
| ...... |
* According to 2022 study.
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Reserves at January 1, 2023:
The drainable mineral resource calculations use a lithium cut-off grade of 200 mg/l.
Mineral Resources are reported inclusive of Mineral Reserves.
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven
|
30 M cu.m
|
Lithium
|
460 mg/L
|
12,180 t
|
Proven
|
30 M cu.m
|
LCE
|
|
65,000 t
|
Probable
|
518 M cu.m
|
Lithium
|
|
196,620 t
|
Probable
|
518 M cu.m
|
LCE
|
|
1,047,000 t
|
Proven & Probable
|
548 M cu.m
|
Lithium
|
438 mg/L
|
208,800 t
|
Proven & Probable
|
548 M cu.m
|
LCE
|
|
1,112,000 t
|
Measured
|
929 M cu.m
|
Lithium
|
409 mg/L
|
|
Measured
|
929 M cu.m
|
LCE
|
|
2,023 kt
|
Indicated
|
1,594 M cu.m
|
Lithium
|
380 mg/L
|
|
Indicated
|
1,594 M cu.m
|
LCE
|
|
3,226 kt
|
Inferred
|
2,826 M cu.m
|
Lithium
|
312 mg/L
|
|
Inferred
|
2,826 M cu.m
|
LCE
|
|
4,689 kt
|
Total Resource
|
5,349 M cu.m
|
Lithium
|
350 mg/L
|
|
Total Resource
|
5,349 M cu.m
|
LCE
|
|
9,938 kt
|
Commodity Production Costs:
| Commodity | Units | Average |
Cash costs
|
LCE
|
USD
|
......
|
Assumed price
|
LCE
|
USD
|
......
|
* According to 2022 study / presentation.
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2022 Study Costs and Valuation Metrics :
Metrics | Units | LOM Total |
Total CapEx
|
$M USD
|
......
|
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