trending Market Intelligence /marketintelligence/en/news-insights/trending/78jobdt0x81z3L_BRN14iQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

New study improves project economics for Neo Lithium's Tres Quebradas

COVID19 Mining Impacts Mining Projects With At Risk Production

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020


New study improves project economics for Neo Lithium's Tres Quebradas

A pre-feasibility study improved the overall economics of Neo Lithium Corp.'s Tres Quebradas lithium brine project in Argentina compared to a 2017 preliminary economic assessment.

Neo Lithium said March 21 that the latest study achieved a similar net present value on a lower initial capital expenditure, making the project easier to finance and allowing the company to consider a potential expansion.

The latest study estimated a posttax net present value, at an 8% discount rate, of US$1.14 billion, with a 49.9% internal rate of return. Meanwhile, the 2017 study outlined a posttax net present value of US$1.2 billion, at the same discount rate, with a 27.9% internal rate of return.

Initial capex is now pegged at US$318.9 million, with a payback of one year and eight months from the start of production. The previous study defined an initial capex of US$490.2 million and a two-year payback period.

The mine life was also extended to 35 years with average production of 20,000 tonnes per year of lithium carbonate, compared to the initial 20-year mine life and average output of 35,000 t/y.

Cash operating costs are now estimated at US$2,914/t of lithium carbonate, compared to US$2,791/t previously.

The company expects to complete a full feasibility study in the first half of 2020.