Lithium

Lithium Americas (TSX:LAC) announced that the formal inauguration of its final stage POSCO lithium extraction pilot plant at its Cauchari-Olaroz lithium project in Argentina is expected to take place next month.

Lithium Americas (TSX:LAC) announced that the formal inauguration of its final stage POSCO lithium extraction pilot plant at its Cauchari-Olaroz lithium project in Argentina is expected to take place next month.

As quoted in the press release:

As announced on November 4, 2014, POSCO’s final stage 200 tonne lithium extraction pilot plant was delivered for assembly to LAC’s Cauchari salar in the Jujuy province of northern Argentina. Following the delivery, assembly and operation of the Pilot Plant, LAC and POSCO are pleased to announce that the formal Inauguration Ceremony is expected to occur on or about December 20, 2014. The Inauguration will involve senior executives from POSCO and Lithium Americas, and the Governor of Jujuy Province, Eduardo Fellner. The Inauguration Ceremony will receive extensive media coverage in Korea as well as Argentina.

Lithium Americas executive chairman, Tom Hodgson, said:

We are celebrating a monumental achievement. POSCO and LAC have worked extremely hard and productively together over the past year to get us to this point. With the strong support of Governor Fellner, the provincial government of Jujuy, and the federal government of Argentina, the delivery of the Pilot Plant has been achieved in record time. I can’t say enough about the work of our team at Minera Exar in Jujuy, led by Franco Mignacco, nor how much we have enjoyed our developing relationship with the POSCO team led by Dr. Uong Chon. It has been a true team effort, of which we are all very proud.

Click here to read the Lithium Americas (TSX:LAC) press release

See this press release on Marketwire

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