Pursuit marks end of commissioning at Argentinian lithium carbonate plant

The Market Herald
03-07

Pursuit Minerals (ASX:PUR) has moved successfully through the commissioning of a 250-tonne per annum lithium carbonate pilot plant at its Rio Grande Sur project in Argentina, which has now begun processing lithium brine.

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Commissioning had involved testing and calibration of all components of the Pursuit plant, ending with an assessment of its circuit through hydrostatic testing, with production commencing after that.

The brines being processed through the Salta plant are synthetic, but chemically identical to naturally evaporated brines from the Rio Grande Salar.

Pursuit managing director and CEO Aaron Revelle said this was a key achievement for the Rio Grande Sur project, which is based out of Argentina’s northwest.

“Successfully commissioning and initiating lithium carbonate production represents a major step forward in de-risking our processing methodology and proving the commercial viability of our scalable production strategy,” he said.

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“With global lithium demand continuing to show signs of recovery over the coming years, we are now firmly positioned to transition toward large-scale, low-cost lithium production.”

Pursuit has been selling at 7cps through Friday morning trade.

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