Mariana Lithium Project

Commodity

Lithium

Location

Salta Province, Argentina

Operator

Ganfang Lithium Co.

Royalty Details

Terms: Altius owns a 0.05% NSR on the project, and is also a significant shareholder of Lithium Royalties Corporation, which owns a 0.45% NSR on the project.

Asset Highlights

The Mariana Lithium Project represents a substantial contribution to the global lithium supply and ranks among one of the largest lithium brine deposits in the world, covering approx. 160 sq. km.

Overview

The Mariana Lithium Project is located near Salar de Llullaillaco, Salta Province, Argentina, the largest Lithium producer province of Argentina. The 2019 technical report estimated  total annual output of approximately 20k tonnes of Lithium Chloride or 17kt Lithium Carbonate Equivalent (LCE). Construction is underway.