Neo Lithium: Developing the world class 3Q lithium brine project
Neo Lithium Crop (TSXV: NLC) is a lithium exploration and development company currently focussed on the wholly owned 3Q lithium brine project in Argentina. A Pre Feasibility Study highlighted:
- NPV 8% of over US$1.1B (after teax) and;
- 50% IRR
The projectis located in the lithium triangle, 30km from the Chilean border where over 40% of the global lithium is produced. The company believe the project has the potential to be a World class asset based on:
- Top 5 largest lithium brine deposit in the world
- Top 3 highest lithium brine grade in the world.
- Lowest combined sulfate and magnesium impurities worldwide.
In the interview below, CEO Waldo Perez, President and CEO discusses the global lithium market and how they are planning on developing the 3Q lithium asset