Pursuit Minerals

Pursuit Dispatchs 99.5% Lithium Carbonate Samples to Potential Strategic Partners as Feasibility Studies Progress

Pursuit Minerals Ltd (ASX: PUR) (“PUR”, “Pursuit” or the “Company”) is pleased to announce that high- purity lithium carbonate samples have been dispatched to multiple parties as part of its engagement with prospective offtake and strategic partners. The samples were produced from the Company’s 250tpa Pilot Plant in Salta, Argentina, using synthetic brine chemically identical to that of the Rio Grande Sur Lithium Project.


HIGHLIGHTS

  • Final product assays confirm 99.5% lithium carbonate purity, upgraded from pilot output via bench scale processing.
  • Certified samples dispatched to multiple potential offtake and strategic partners for qualification.
  • Feasibility study progressing for low cost, 5,000tpa operation at Rio Grande Sur.
  • Ongoing small batch lithium carbonate production to support offtake qualification while preserving capital discipline in current market conditions.
  • Pursuit continues to advance its dual-pronged growth strategy progressing Rio Grande Sur while accelerating the evaluation of strategic gold, silver, and copper acquisitions in Argentina.

Figure 1 – Pursuit’s 99.5% Li₂CO₃ Sample Ready for Dispatch to Potential Offtake Partners

In relation to the dispatch of samples, Pursuit Managing Director & CEO, Aaron Revelle, said:

“Achieving 99.5% lithium carbonate purity is a major technical milestone for Pursuit and a clear demonstration of the capability embedded within our flowsheet, team, and pilot plant infrastructure. It not only validates the compatibility of our process design with Rio Grande Sur brines but also confirms our ability to deliver a consistently high-quality product suited to a wide range of industrial and energy storage applications. Dispatching these samples to potential offtake partners is a critical first step in our commercialisation pathway, enabling product qualification and accelerating engagement with strategic customers in tough market conditions. As we transition into the next phase of development, our focus is firmly on advancing feasibility for our 5,000tpa operation and securing long-term partnerships that will underpin the future production and growth of the Rio Grande Sur Project.”

Initial pilot production at Pursuit’s 250tpa Pilot Plant in Salta successfully produced 15 kilograms of lithium carbonate at 98.9% purity, validating both the compatibility of the Rio Grande Sur brine and the efficiency of the Company’s conventional processing flowsheet. To enhance product quality and simulate potential refinement steps at commercial scale, a portion of this material was further treated at bench scale using fractional crystallisation (FX) and ion exchange (IX) techniques. These post processing steps upgraded the product to 99.5% purity, meeting established benchmarks for technical-grade lithium carbonate.

The final product assays confirm not only the effectiveness of Pursuit’s downstream purification strategy but also the scalability and robustness of its broader flowsheet. This achievement represents a critical milestone on the path to commercial readiness supporting key feasibility assumptions, validating end product quality, and enabling active engagement with prospective offtake partners.

Pursuit is well positioned to undertake additional small-batch production as required to meet partner qualification needs and advance strategic discussions. Furthermore, it demonstrates Pursuit’s capability to produce high-purity lithium carbonate suitable for industrial use, with potential to meet battery-grade specifications through additional refinement.


Click here for the full ASX Release

This article includes content from Pursuit Minerals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

PUR:AU
The Conversation (0)
Pursuit Minerals

Pursuit Minerals

Tier 1 lithium play in the prolific Lithium Triangle in Argentina

Tier 1 lithium play in the prolific Lithium Triangle in Argentina Keep Reading...
First Production of Lithium Carbonate

First Production of Lithium Carbonate

Pursuit Minerals (PUR:AU) has announced First Production of Lithium CarbonateDownload the PDF here. Keep Reading...
Completion of Capital Raise

Completion of Capital Raise

Pursuit Minerals (PUR:AU) has announced Completion of Capital RaiseDownload the PDF here. Keep Reading...
$1.1 Million Placement

$1.1 Million Placement

Pursuit Minerals (PUR:AU) has announced $1.1 Million PlacementDownload the PDF here. Keep Reading...
Trading Halt

Trading Halt

Pursuit Minerals (PUR:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
Lithium Carbonate Pilot Production Commences

Lithium Carbonate Pilot Production Commences

Pursuit Minerals (PUR:AU) has announced Lithium Carbonate Pilot Production CommencesDownload the PDF here. Keep Reading...
A handshake.

POSCO Finalizes US$765 Million Deal for Stake in MinRes' Lithium Mines

South Korean steel and battery materials conglomerate POSCO Holdings (NYSE:PKX,KRX:005490) has finalized a US$765 million agreement with Perth-based Mineral Resources (ASX:MIN,OTCPL:MALRF) to acquire a 30 percent stake in two of Australia’s premier hard-rock lithium mines.Under the finalized... Keep Reading...
Glowing green digital battery with text overlay reading "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Arctic Fox Lithium Jumps 66 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.Statistics Canada released March consumer price index data on Monday (April 20). The data shows a... Keep Reading...
Colorful lithium spodumene mineral rocks glowing fluorescent pink and purple, with text reading: "5 Top Australian Mining Stocks This Week."

Top 5 Australian Mining Stocks This Week: Solis Minerals Charges on Brazil Lithium Acquisition

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks listed on the ASX, starting with news in Australia's resource sector.This week’s list highlights companies across a range of commodities, including lithium, phosphate and gold. The top gainer made a... Keep Reading...
Michael Phelan.

Bridging AI, Energy Storage and Aging Infrastructure

As global energy grids struggle to keep pace with rising demand from data centers and renewable integration, energy optimization firm GridBeyond is positioning software and artificial intelligence (AI) as a key part of the solution.The company develops platforms designed to orchestrate... Keep Reading...
Text saying "lithium" overlaid on stock chart with a globe in the background.

9 Best-performing Global Lithium Stocks of 2026

Lithium prices have staged a dramatic comeback following a prolonged price slump between early 2023 and late 2025, providing support for global lithium stocks in 2026. Spot battery-grade lithium carbonate surged roughly 95 percent between early December and late January, climbing from about... Keep Reading...
Gerardo Del Real.

Lithium Enters “Cycle 3.0” as Demand Drivers Shift

After a prolonged downturn, the lithium market is showing renewed signs of life, with some sector analysts now calling for the start of a new up-cycle.Speaking on The Investing News Podcast, Gerardo Del Real, co-founder of Digest Publishing and editor of Daily Profit Cycle, characterized the... Keep Reading...

Interactive Chart

Latest Press Releases

Related News