Lithium Argentina announces Scoping Study results for the Pozuelos-Pastos Grandes lithium brine project in Argentina. The project integrates three projects, with Ganfeng and Lithium Argentina owning 67% and 33% of PPG, respectively. Stage 1 has received environmental approval with production capacity of 150,000 tpa of LCE. The project has significant resource and low-cost profile.

The Scoping Study outlines a phased development plan for the PPG Project, using a hybrid processing approach and targeting primarily lithium carbonate production. The project is designed to utilize solar evaporation and DLE process to improve efficiency and reduce freshwater use. The project also aims to produce lithium hydroxide and lithium chloride based on market demand and customer feedback.

The PPG Project in Salta, Argentina, has received environmental approval for Stage 1 and is targeting RIGI application in H1 2026. The project is expected to enhance Argentina’s role in the global supply chain for lithium chemicals. The partnership between Ganfeng and Lithium Argentina combines processing expertise with upstream experience for successful project development.

The capital cost estimate for the life of the PPG Project is $3.3 billion, including a 16% contingency. The project aims to have a competitive capital cost profile, with Stage 1 initial capital cost estimated at $1.1 billion. The project will focus on sustainable operations and efficient production to maximize economic returns and minimize environmental impact.

PPG Project’s economic results are strong, with after-tax NPV8% of $8.1 billion and IRR of 33% at $18,000/t lithium carbonate. The project has compelling economics even at lower lithium carbonate prices, demonstrating its resilience and potential for long-term profitability. The project aims to leverage existing infrastructure and optimize resources for successful development.

The Scoping Study for the PPG Project outlines a scalable platform for lithium production in Argentina. The project aims to contribute to the country’s growing role in the global lithium market and support the transition to electric mobility and energy storage. The partnership between Ganfeng and Lithium Argentina is expected to drive successful project development and operational excellence.

Read more at GlobeNewswire: Lithium Argentina and Ganfeng Announce PPG Scoping Study