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General Market Commentary
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General Energy
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General Market Commentary
Argentina Lithium adds a third lithium brine project to its portfolio
Argentina Lithium & Energy Corporation is expanding its lithium project portfolio in Argentina’s Lithium Triangle by acquiring an additional 14 000 ha on the Salar de Antofalla, in Salta province.
The project, which will be the company’s third lithium brine project, includes a combination of 100%-owned property applications and properties with the option to earn 100% through a combination of cash payments and work commitments.
Argentina Lithium president and CEO Nikolaos Cacos says the project is located on one of the most sought-after salars in Argentina.
The Salar de Antofalla is about 150 km long and 5 km to 7 km wide, and is located at an elevation of 3 900 m. The salar is accessed by provincial highway 43 and unpaved roads, with the small town of Antafolla about 50 km to the south and the city of Salta about 500 km away.