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Lithium project set to develop a large, cost competitive battery grade lithium
Plateau Energy Metals, led by its experienced leadership team. They're enabling the new energy paradigm through exploring and developing its Falchani lithium project and its Macusani uranium project in southeastern Peru. Further, the Company, with 100% control of mineral concessions, has significant and growing lithium resources. They also have all reported uranium resources known in Peru, all of which are situated near infrastructure.
"It's really easy to create a lithium company overnight. It's another thing to create a company that has a project that's going to fit into the supply chain and ultimately become a mine.", says CEO, Alex Holmes.
Plateau Energy Metals’ land package in Peru is close to a thousand square kilometres. Moreover, a couple of years ago, in the course of developing their Macusani Uranium project, they discovered lithium nearby. They decided to rapidly advance their Falchani Lithium project. "We've characterize it as a solid brine, which is a term we've made up. We needed to differentiate ourselves from spodumene deposits for an important reason, in that we can get to a lithium chemical product as opposed to a concentrate.", says Holmes.
Because of the grade of their material being anywhere from six to ten times the grade of a brine, as well as it being solid in nature, they can use mechanical processes to accelerate the extraction.
"We can get to a chemical battery grade, chemical end product in about 48 hours. And when we compare that to the brine projects, we're talking about 18 or 20 months because they use a different process in the front end, which uses solar evaporation.", says Holmes.
For more information on Plateau Engery Metals Inc. (PLU:TSX.V, PLUUF:OTCQB) please fill out the form below.
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