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Neo Lithium debuts 3Q PEA

Neo Lithium (CN:NLC) has announced a preliminary economic assessment for its Tres Quebradas lithium brine asset in Catamarca, Argentina, outlining a project able to produce 35,000 tonnes per annum of carbonate for 20 years from 2021.

Neo Lithium debuts 3Q PEA Neo Lithium debuts 3Q PEA Neo Lithium debuts 3Q PEA Neo Lithium debuts 3Q PEA Neo Lithium debuts 3Q PEA

Tres Quebradas, in Argentina, is one of only two lithium brine reservoirs in the world

The project comes with a capital expenditure of US$588.7 million and cash operating costs of $2,791 per tonne of lithium carbonate. Direct capital costs are estimated at $450.