Chile has 28% more lithium than previous estimates, studies find
A new analysis shows that the La Isla salt flat holds 2.13 million metric tons of lithium, up 150% from a prior estimate, while the Aguilar salt flat holds just under 1 million tons of lithium, an increase of 40%, according to ENAMI.
Together, ENAMI said, they add 3.05 million tons of lithium
to
Resources refer to the size of a mineral deposit, while reserves refer to the amount that can be realistically and economically mined.
According to USGS,
In May, ENAMI is set to choose a partner to jointly mine the
two salt flats studied as part of the Salares Altoandinos
project, which
ENAMI has received proposals from Chinese carmaker BYD as well as miners Eramet, Posco and Rio Tinto. CNGR Advanced Material Co and LG Energy are vying to provide financing.
The fresh data on resources is based on analysis from external consultants that use ENAMI's exploration numbers.
"This confirms that Salares Altoandinos is a world-class
project," said ENAMI head
(Reporting by
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