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Argentina

Sal de Vida (Stage 1) Project

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Categories

Summary

Mine TypeIn-Situ
Study CompletedPrefeasibility
StageConstruction
Commodities
  • Lithium
Mining Method
  • Brine mining
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SnapshotSal de Vida is a globally competitive project with high-quality brine chemistry that is within 10 kilometers of the Fénix operations.

Sal de Vida has a two-stage execution plan.

Sal de Vida Stage 1 is currently under construction. The Project further plans a modular 30,000 tpa expansion (Sal de Vida Stage 2) which is still in the pre-feasibility study phase.

The prefeasibility study update for Sal de Vida Stage 2 confirms the expansion will be completed on the same design basis as Stage 1 with a twofold modular replication of the Stage 1 design. Stage 2 construction is anticipated to commence upon receipt of applicable permits and plant completion of Stage 1 with Stage 2 first production approximately 2.5 to 3 years thereafter.

Owners

SourceSource
CompanyInterestOwnership
Rio Tinto plc 100 % Indirect
Galaxy Lithium (Sal de Vida) S.A. (operator) 100 % Direct
Sal de Vida (Stage 1) is a lithium brine project that is 100% owned by Rio Tinto. The project is operated through Sal de Vida S.A. (SdV S.A.), Rio Tinto’s Argentine subsidiary, which owns and runs the lithium brine production facilities and associated chemical processing plants located in the Eastern Subbasin of the Salar del Hombre Muerto (SdHM).

Contractors

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Deposit type

  • Brine

Summary:

Sal de Vida is located in the Eastern Subbasin of Salar del Hombre Muerto (SdHM). Immature salars are dominated by clastic deposits with interbedded evaporites. In the Eastern Subbasin, a transition of evaporite facies is observed from basin margins to basin centres, proceeding from sulphates at margins through borates in basin centres.

The lateral boundary of the evaporite sedimentary deposits of the Eastern Subbasin of the SdHM is irregular in shape. From north to south, the Eastern Subbasin is approximately 12 km, where an apron of erosional volcaniclastic sediments surrounding Cerro Ratones, and a large alluvial fan formed by the Rio Los Patos bound the Eastern Subbasin to the north and south, respectively. Roughly 14 km separate the eastern and western margins of the Eastern Subbasin. The eastern margin is characterised by a sequence of preCambrian rocks that form the north-south trending Sierra de Cienaga Redonda. The western margin opens to the Western Subbasin at a shallow bedrock saddle that separates both subbasins where the distance at surface between Farallon Catal and Peninsula Hombre Muerto narrows. The eastern and western subbasins are hydraulically connected at the buried bedrock saddle, where brine and water flow from east to west.

The vertical extent (depth) of the lithium-rich brine deposit, inferred from surface geophysical surveys and drilling, is nominally 350 m. Based on geophysical surveys, lithologic logging, and surface geologic mapping, the bedrock contact is likely greater than 300 m in most of the Eastern Subbasin and may exceed 500 m in the southwest quadrant of the subbasin. Brackish water overlies brine across most of the Eastern Subbasin with a thicker transition zone in the south where groundwater inflows from the Rio Los Patos. The lithium-rich brine targeted for extraction tends to occur from 60 to 80 m bgs, downward to the bedrock contact.

Salar aquifers host lithium-rich brine in the pore space between sediment grains and in primary or secondary fractures. Owing to the depositional environment present at the time the aquifers were formed, these aquifers consist of horizontal to sub-horizontal clastic sediments and evaporites. The package of sedimentary and evaporitic aquifers that host lithium brine beneath the salar surface are collectively referred to as the brine reservoir.

The interconnected nature of pores and fractures governs the ability of brine to drain from the reservoir in response to pumping and is a key factor for assessing the recovery potential of lithium from brine.

The reservoir at SdV consists of 5 major hydrolithologic units: (1) clay, (2) evaporites, (3) silts and sands, (4) sands and silts, and (5) volcaniclastics (travertines, tuffs, and dacitic gravels). Brine production will target units 2, 3, and 4, where hydraulic properties are most favourable, and drainable porosities averaged 4.1, 4.9, and 13.1 percent, respectively.

Water enters the salar from both streams and groundwater discharges from basin-bounding alluvial fans (and potentially from adjacent rock formations). In the broader SdHM watershed, the dominant surface water inflow is via Rio Los Patos, in the Eastern Subbasin. At times of high flow, surface waters accumulate on the salar in the Laguna Catal, which at times can extend into the eastern portion of the Western Subbasin. Water inflows from infiltration of precipitation on the salar surface are negligible. Annual average precipitation rates are less than 90 mm.

Sal de Vida’s brine chemistry has a high lithium grade, low levels of magnesium, calcium and boron impurities and readily upgrades to battery grade lithium carbonate. Long-term hydrological pump testing under operating conditions has demonstrated excellent brine extraction rates to support the production design basis.

Reserves

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Mining Methods

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Required Heavy Mobile Equipment

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Water usage

Parameter2023
Groundwater 0.62 M m3/year

Commodity Production

CommodityUnitsAvg. AnnualLOM
Lithium t 15,000 *582,719 *
All production numbers are expressed as carbonate. * According to 2023 study.

Operational metrics

Metrics
Annual production capacity  ....  Subscribe
Brine extraction, LOM  ....  Subscribe
* According to 2023 study.

Production Costs

CommodityUnitsAverage
Site cash costs (produced) Li2CO3 USD  ....  Subscribe
Cash costs Li2CO3 USD  ....  Subscribe
Assumed price Li2CO3 USD  ....  Subscribe
* According to 2023 study / presentation.

Project Costs

MetricsUnitsLOM Total
Initial CapEx $M USD  ......  Subscribe
Sustaining CapEx $M USD  ......  Subscribe
Closure costs $M USD  ......  Subscribe
Total CapEx $M USD  ......  Subscribe
G&A costs $M USD 446
Total OpEx $M USD  ......  Subscribe
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Gross revenue (LOM) $M USD  ......  Subscribe
EBITDA (LOM) $M USD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M USD  ......  Subscribe
After-tax Cash Flow (LOM) $M USD  ......  Subscribe
Pre-tax NPV @ 10% $M USD  ......  Subscribe
After-tax NPV @ 10% $M USD  ......  Subscribe
After-tax NPV @ 8% $M USD  ......  Subscribe
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After-tax IRR, %  ......  Subscribe
After-tax payback period, years  ......  Subscribe

Personnel

Mine Management

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Workforce

Total WorkforceYear
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Aerial view:

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