New Lithium Extraction Technology
Modernizes Lithium Recovery
Fueling the power revolution
New Lithium Extraction Technology
Modernizes Lithium Recovery
Fueling the power revolution
Fueling the power revolution
The global shift to renewable energy has created increased demand for battery grade lithium. Lithium South is developing its Hombre Muerto North Lithium Project to supply future demand. The Company objective is to move the project to production in the near future, utilizing Direct Lithium Extraction Technology. This new extraction method requires a much smaller environmental footprint, with significantly higher lithium recovery rates.
Our Flagship Lithium Project
Hombre Muerto North
GRADE – One of the highest lithium concentrations of any salar in Argentina
IMPURITES – Low Magnesium to Lithium Ratio
PROJECT – Located within the lithium triangle known for lithium production
INNOVATION – Establishing direct lithium extraction and avoiding the use of large evaporation ponds.
Project Highlights
Mining Friendly Salta Province, Argentina
- History of lithium production
- Mining friendly jurisdiction
- Prime location in
Hombre Muerto Salar - Excellent access with current infrastructure
- Project claim surrounded by Korean giant POSCO
High Quality Brine Resource
- High grade lithium brine – 756 mg/L
- Low Mg/Li ratio – 2.6:1
- M&I Resource of .57 Mt LCE
- Projected mine life of 30 years
- Reduced environmental footprint
- Quality brine equates to lower CAPEX
Solid 2019 PEA Results
- Preliminary Economic Assessment indicates robust economics
- NPV (8% Discount) – US $217 million
- CAPEX – US $98 million
- IRR (post-tax) – 28%
- PAY BACK (from production) – 2 years, 5 months
- Pre-feasibility underway
- Current LCE market price considerably higher than 2019
Qualified Proven Team
- Very strong technical lithium experience
- Office and laboratory located in Salta, Argentina
- World renowned, Vijay Mehda, technical consultant and qualified person
- Marcela Casini, senior geologist / hydrologist
Technology Innovation
- Direct Lithium Extraction (DLE), potential industry game changer
- DLE allows recovery without large evaporation ponds
- Potentially, double lithium recovery
- Recovery takes hours, not years
- Reduce production lead time with smaller environmental footprint
- Company evaluating three unique DLE technologies
Staged & Work Completed
- Two production wells drilled and cased
- Environmental Impact Report underway
- TEM survey results confirmed resource expansion potential
- 2022 drill program – road and pad construction underway
- Acquired, Sophia claim block nearby for potential water source and location of future plant and processing facilities
Adoption of NEW Technology in Lithium Brine Extraction
Lithium South is staged to use Direct Lithium Extraction (DLE) technology to remove lithium compounds from brine.
– faster
– less cost
– less water
– less ecological impact
LITHIUM SOUTH – thinking beyond the pond
The Coming Lithium Revolution
“We’re talking terawatt scale. The goal is complete transformation of the entire energy infrastructure of the world.”
Elon Musk, Bloomberg