Lithium X Receives Permit for Construction of Initial Ponding Facility at Sal de Los Angeles Project

Lithium X (TSXV:LIX) has announced that it has received permits for construction of the initial ponding facility to be constructed as part of the Salta Exploraciones S.A. joint venture.
As quoted in the press release:

The initial ponding facility is designed for an output of approximately 2,500 tonnes per annum of lithium carbonate equivalent (“LCE”). The permits allow for the construction of brine collection, pumping, piping and ponding facilities consisting of 62.6 hectares of lined ponds, designed to produce a high-purity 5% lithium concentrate, at the Company’s flagship Sal de los Angeles project (“SDLA” or the “Project”) in Argentina.  The JV ponding facility will cover a maximum  of 100 hectares (approximately 1%) of the 8,156 hectares that comprise the Sal de los Angeles property. Construction activities will begin immediately. The Project has not been the subject of a feasibility study and there is no guarantee the Facility will successfully produce a commercial product on a profitable basis or at all.
“We would like to thank the Province of Salta and respective regulatory authorities for their assistance and cooperation in the granting of this permit,” commented Paul Matysek, Executive Chairman. “This is a key milestone for our Company and will certainly strengthen and differentiate our status in a very crowded lithium sector. We look forward to working closely with the local authorities and workforce in developing sustainable environmental, work and social programs to ensure we develop the Facility in harmony with the Puna region.”
“The receipt of construction permits for our Facility is a major landmark for Lithium X and our joint venture with SESA,” commented Brian Paes-Braga, Chief Executive Officer “We are on the cusp of obtaining our first 5% lithium concentrate from our pilot pools on site.  This is a high purity brine concentrate that could serve as feed to existing or new battery grade lithium carbonate and/or lithium hydroxide plants.  We have already been approached by several end users of the expected concentrate and look forward to initiate testing with downstream partners.”

Click here to read the full press release.