Iron Ore Information
Rincon Salar Project, Argentina
* A world class resource rich in lithium, potassium, sodium and
magnesium.
* Key resources are lithium carbonate, lithium chloride, lithium
hydroxide, potassium chloride, sodium soleplate and magnesium.
* Resource, due diligence and extraction methods for key resources have
been finalized.
* The current market purchase price per tone for lithium chloride
(April 2007) exceeds US$6,600 per tone.
* Lithium carbonate demand is growing due to an increase in lithium
polymer battery consumption in hybrid cars and other applications.