- Recharge Resources (RR) is upgrading several brine samples from one of its projects in Argentina
- The samples stem from its 2022 drill program at its Pocitos Lithium Brine Project
- Those samples are now being converted from lithium chloride to battery-grade lithium carbonate
- The company is using the technology of Australian firm Ekosolve in the 10-stage extraction process
- Recharge Resources Ltd. (RR) is down 4 percent, trading at $0.48 at 10:10 a.m. ET
Recharge Resources (RR) is upgrading several brine samples from one of its projects in Argentina.
The Vancouver-based mineral exploration company is upgrading samples from its Pocitos Lithium Brine Project in Salta, Argentina, covering 1,352 hectares.
The samples stem from its 2022 drill program and contained 161 parts per million (ppm) lithium.
Those samples are now being converted from lithium chloride to battery-grade lithium carbonate.
The company is using the technology of Australian firm Ekosolve in the 10-stage extraction process. The two signed a licensing agreement in late September 2022.
Lithium chloride is as one of the end products under an existing offtake agreement between Recharge and Richlink Capital’s clients.
A further pre-engineering step is being completed to produce lithium carbonate from the Pocitos lithium brines.
The extraction performance test recovery comes before an expected full-sized plant scale-up of between 10,000m and 20,000 tonnes per year using Ekosolve’s process.
In the past, Ekosolve’s system has returned lithium yields of 93 percent to 96 percent, with 97.5 percent of the solvent being reclaimed.
Other systems typically yield between 72 and 80 percent.
“Our offtake LOI contemplates the supply of either lithium carbonate and/or chloride. It is important to engineer the plant for the end user as we look towards the next steps at the Pocitos lithium brine project,” said CEO David Greenway.
“This is another positive milestone for Recharge and stakeholders as we move toward our next goals of establishing a NI 43-101 compliant mineral resource, a scoping study of the project and formalizing our offtake agreement.”
Recharge Resources Ltd. (RR) is down 4 percent, trading at $0.48 at 10:10 a.m. ET.
