Millennial Lithium Corp. Announces Positive Feasibility Study Results for its Pastos Grandes Project, Argentina

V.ML, Millenial Lithium, lithium, Argentina
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  • US$ 1,030 million after-tax NPV at 8% discount rate and IRR of 24.2% for approx. 24,000 TPY production of Battery Grade lithium carbonate (> 99.5% LCE)
  • Total Initial CAPEX estimate of US$ 448.2 million
  • OPEX of US $ 3,388/T battery grade lithium carbonate over the mine life
  • Operation based on proven solar evaporation technology and conventional lithium brine processing
  • Projected production mine life of 40 years

Vancouver, British Columbia–(Newsfile Corp. – July 29, 2019) – Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce the results of its Feasibility Study (the “FS”) for the production of Battery Grade lithium carbonate (>99.5% Li2CO3) from its Pastos Grandes Project in the province of Salta, Argentina. read more