Lithium Extraction Works objective of the study was to recommend the most advantageous mining process, and the capital and operating costs for the underground mine whilst also taking into consideration the resource geometry and geotechnical aspects.

Lithium Extraction Works’ Chief Geological Officer, Mr. Bruce McArthur commented on the underground report saying “Additional aspects of the study include the preparation of a conceptual mine plan and the estimation of the mine production rate and production schedule. The full Salar de Atacama report will be released within the next 14 days.”

“As our analysts’ assessment draws to its conclusion, our underground mining study is an important component of logistical analysis. Our report confirms the mining potential in the Salar de Atacama plains, and offers insight into the various business models we can work with,” added Bruce McArthur, Chief Geological Officer of Lithium Extraction Works.

About Us - Lithium Extraction Works

Headquartered in Santiago, Lithium Extraction Works is a mining company with a specific focus on lithium. Working with large international partners in diverse areas, from transport and energy storage to energy, we look to drive mutual growth through sustainable supplies and environmentally responsible operations.

With constant innovation in mining technology, efficient practices on the ground and decades of knowledge, we have built an experienced, effective team of engineers, operators and scientists who are at the heart of our success.

The supplies of rare earth minerals and metals we deliver are vital to the growth of important industries and international companies, used for a myriad of purposes, utilized in the production of electronic cars, pharmaceuticals, general consumer electronics, water-treatment facilities and refineries, to name but a few.

With our expansion derived from our ability and capacity to deliver steady supplies of vital rare earth minerals and metals, along with the increasing demand for products which require them, we at Lithium Extraction Works foresee mutual growth and benefit for ourselves, our partners and investors.