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In principle, they would produce 5 or 6 million tons of lithium stones per year, to obtain 50,000 or 60,000 tons of lithium carbonate equivalent per year.
Perus Macusani Yellowcake, a subsidiary of Plateau Canada, is looking for partners to invest about $ 800 million and build what could be the largest lithium mine in the world in southern Peru, said Monday the director of the Company, Ulises Solís, managing director of Macusani Yellowcake. press conference found resources equivalent to 2.5 million tonnes of "high quality" lithium after exploration at its Falchani deposit in the Puno region.
In the underground deposit, whose concession area has been punctured by 15 percent, and also found 124 million pounds of uranium in resources, he added.
Solis said that they will continue to drill this year and that by the end of 2019, they hope to have a ready feasibility study that would allow the construction of the mine.
The executive said that investors seeking to manage the project have approached, although the company prefers to have control. However, he said that Plateau Energy, which is listed on the Toronto Stock Exchange, could be vulnerable to the acquisition of a very large company.
This is the most recent announcement of a series of projects to expand or build new lithium mines. in the midst of demand forecasts in the electric vehicle industry, which uses lithium in automotive batteries.
Solis said that they will work to obtain legal permits and that one of the challenges for the project will be that the government sanctions a law on the exploitation of radioactive minerals in Peru. "There is no legislation for the management of uranium, we will work in this direction with the government," he said.
Laurence Stefan, director of operations at Plateau Energy, said that in 10 days they will report in detail on project resources and that in principle they would produce 5 or 6 million tonnes. annual lithium rocks, to obtain 50,000 or 60,000 tons of lithium carbonate equivalent per year.
Stefan said that the production of lithium or uranium first will depend on the international price. "We are in the hands of the market, but we are preparing both products," he said.
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