Rodinia Lithium Receives Positive Preliminary Economic Assessment for the Diablillos Lithium Brine Deposit

Rodinia Lithium Inc. (TSXV:RM) announced the results of the Preliminary Economic Assessment (“PEA”) completed on its 100%-owned Salar de Diablillos lithium brine project located in Salta Province, Argentina.

As quoted in the press release:

The PEA outlines an operation producing 15,000 tonnes lithium carbonate (“LC”) per year and approximately 51,000 tonnes of KCl (“potash”) per year, projecting a 34% internal rate of return (“IRR”) pre-tax and a US$561 million pre-tax net present value (“NPV”) at an 8% discount rate. The PEA also outlines Rodinia’s available option to increase production to 25,000 tonnes LC and 85,000 tonnes potash per year. This increased production scenario generates a much higher pre-tax NPV estimate of US$964 million, along with a pre-tax IRR of 36%.

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