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Lithium Chile Announces Pre-Tax NPV of US$3,853,000,000 and Pre-Tax IRR of 42.1% from Pre-Feasibility Study on Arizaro Project
(TheNewswire) Results include 20 Year Life Production Rate of 25,000 Tonnes...
About this update from Lithium Chile Inc
[{"type":"text","content":"Lithium Chile Announces Pre-Tax NPV of US$3,853,000,000 and Pre-Tax IRR of 42.1% from Pre-Feasibility Study on Arizaro Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Results include 20 Year Life Production Rate of 25,000\nTonnes of Battery Grade Lithium Carbonate Per Year and Upgraded\nMineral Resource and Reserve Volumes.\n \n \n \n \n CALGARY, ALBERTA –\n \n \n TheNewswire\n-\n \n \n July 23, 2024\n \n \n –\n \n \n Lithium Chile Inc\n \n \n .\n(“\n \n \n Lithium Chile\n \n \n ” or\nthe “\n \n \n Company\n \n \n ”)\n \n \n (TSX Venture Exchange: LITH OTC-QB:\nLTMCF)\n \n \n is pleased to announce the successful\ncompletion of the Pre-Feasibility Study (“\n \n \n PFS”\n \n \n ) for its flagship Arizaro\nProject, located in Salta, Argentina. The PFS, prepared in accordance\nwith National Instrument 43-101 Standards of Disclosure for Mineral\nProjects (NI 43-101), outlines the project's strong economic\nviability, environmental sustainability, and long-term operational\npotential.\n \n \n \n \n HIGHLIGHTS:\n \n \n \n \n \n \n Project Location\n \n \n : Salar de\nArizaro, Departamento de los Andes, província de Salta, Argentina\n \n \n \n \n \n \n Production Capacity:\n \n \n 25,000\ntonnes\n \n \n per annum\n \n \n of\nBattery Grade Lithium Carbonate (\n \n \n LCE\n \n \n ).\n \n \n \n \n \n \n A Life-of-Mine (LOM) duration of\n \n \n 20 years.\n \n \n \n \n \n \n Mineral Resource of 4,122,000 tonnes LCE:\n \n \n \n \n \n \n Measured Mineral Resource:\n \n \n 261,000 tonnes LCE\n \n \n \n \n \n \n Indicated Mineral Resource:\n \n \n 2,237,000 tonnes LCE\n \n \n \n \n \n \n Inferred Mineral Resource:\n \n \n 1,624,000 tonnes LCE\n \n \n \n \n \n \n \n \n \n \n Probable Mineral Reserve of 490,000 tonnes LCE\n \n \n \n \n \n \n \n \n Project Economics:\n \n \n \n \n \n \n Pre-tax Net Present Value (\n \n \n NPV\n \n \n ”)\n \n \n 8%\n \n \n US$M 3,853\n \n \n \n \n \n \n Average Li\n \n \n CO\n \n \n price of\n \n \n US$ 30,513\n \n \n \n \n \n \n After-tax NPV8%\n \n \n US$M\n2,829\n \n \n \n \n \n \n Pre-tax Internal Rate of Return (\n \n \n IRR\n \n \n ”) of\n \n \n 42.1%\n \n \n \n \n \n \n After-tax IRR of\n \n \n 36.3%\n \n \n \n \n \n \n Pre-tax initial capital paybac...