on NOA Lithium Brines Inc. (isin : CA6393571022)
NOA Lithium Brines Partners with Hatch for Rio Grande Project Assessment
NOA Lithium Brines Inc. has appointed Hatch Limited to conduct a Preliminary Economic Assessment (PEA) for its Rio Grande Project in Salta Province, Argentina. The project aims to produce about 20,000 metric tonnes of lithium carbonate equivalent (LCE) annually, with potential scalability to 40,000 metric tonnes. This PEA is expected to conclude in Q3 2025, providing insights into the project’s feasibility and laying the groundwork for its advancement.
CEO Gabriel Rubacha highlighted this development as a key milestone, emphasizing Hatch's expertise in lithium project development. The assessment will be crucial for project advancement and shareholder value enhancement. NOA's Rio Grande Project, which is fully owned, has a resource estimate of 4.7 million tons of LCE.
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