Patagonia Lithium Unveils Promising Lithium Resource at Formentera Project.

Jan 22, 2025

Patagonia Lithium Limited (ASX: PL3) has unveiled its January 2025 investor presentation, showcasing significant progress at its Formentera Lithium Project in Argentina. The project boasts a JORC-compliant inferred Mineral Resource Estimate (MRE) of 3.816 million tonnes of lithium carbonate equivalent (LCE), highlighting its world-class potential. The high porosity zone aquifer shows impressive lithium concentrations, with grades increasing with depth, supporting a 15-year production lifespan of 10,000 tonnes annually. Using environmentally friendly Ekosolve DLE technology, the company aims to produce high-purity lithium carbonate with 87.5% recovery rates. 

Strategically located near critical infrastructure, Formentera offers favorable exploration results and a scalable resource base. With a management team experienced in building successful lithium operations, Patagonia Lithium is poised for near-term production, aligning with increasing global demand for energy storage systems. The project’s green credentials and robust resource base position it as a critical supplier for gigafactory and battery manufacturers. 

 

 

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