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Welcome to the Proactive podcast channel – the destination for breaking news on growth companies and up to the minute market coverage.
Here we plug you into what’s new and exciting in the world of business.
Argentina Lithium & Energy CEO on shift from exploration to development at Rincon West project
Proactive - Interviews for investors
3 minutes 50 seconds
1 week ago
Argentina Lithium & Energy CEO on shift from exploration to development at Rincon West project
Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQX:LILIF) CEO Niko Cacos talked with Proactive's Stephen Gunnion about the company’s shift from exploration to development at its Rincon West lithium project in Argentina.
Cacos highlighted that the company has already announced its maiden resource estimate, marking a significant milestone. He explained that Argentina Lithium is now focused on selecting a direct lithium extraction (DLE) partner, with pilot testing to follow. "We've examined a whole plethora of them, and now we've narrowed this choice down to just a very few," he said.
Work is also ongoing on environmental baseline studies and preliminary engineering. Cacos confirmed that financing discussions are underway to support the project through to the feasibility stage.
He expressed full confidence in the choice of DLE technology, noting its economic and environmental advantages, particularly given that neighbouring lithium operations - such as Rio Tinto's nearby $6 billion project - are using the same method.
Cacos also discussed the significance of the partnership with Stellantis, stating that the automotive company has been actively supporting Argentina Lithium’s progress and financing efforts. "They have a strong belief in the quality of the projects that we have," he said.
The company is targeting a preliminary economic assessment in early 2026, with key steps ahead being DLE selection and securing funding.
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#Lithium #ArgentinaLithium #DLE #RinconWest #EnergyTransition #BatteryMetals #MiningStocks #Stellantis #CriticalMinerals #ResourceDevelopment`
Proactive - Interviews for investors
Welcome to the Proactive podcast channel – the destination for breaking news on growth companies and up to the minute market coverage.
Here we plug you into what’s new and exciting in the world of business.