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In short

Accumulative
Net Present Value

$1.49B

$20,000/t LCE pricing. After-tax, 8% Discount rate
& 49% of Cauchari-Olaroz
100% of Millennial Lithium

Resource Estimate

16.1 Mt

LCE, Measured & Indicated

Project Stage

FS

Completed

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Lithium project #1:

Thacker Pass

Nevada, USA

Project Summary

Net Present Value

$1.49B

$20,000/t LCE pricing. after-tax, 8% Discount rate

Resource Estimate

16.1 Mt

LCE, Measured & Indicated

Project Stage

FS

Completed

Location: Nevada, USA
Completed Stage: FS
Next Stage: Construction

Website: www.lithiumamericas.com

Company description

The Thacker Pass Project is a feasibility stage lithium project located in Humboldt County in northern Nevada, USA. The Project is situated at the southern end of the McDermitt Caldera, approximately 100 km northwest of Winnemucca. In 2018, Lithium Americas completed a pre-feasibility study (PFS) on a two phase project with a production capacity designed to reach 60,000 tpa of battery-grade lithium carbonate (Li2CO3) and 46 year mine life. In January 2023, the company released a Feasibility Study for the project. 

Key takeaways:

1. Estimated production in 2026

Thacker Pass is planned to go into production in 2026e to  become one of the first large scale lithium producers in USA.

2. Largest known resource in the US

Thacker pass is the largest known lithium resource in the USA, boosting 16.1 Mt LCE measured and indicated resource.

Resources & Reserves

Resources

Reserves

Project Economics

Initial capital costs

$4B

After-tax IRR

11.1%

$20,000/t LCE pricing, 8% Discount rate

Operating Cost

$6,743/t

LCE

Ownership

100%

Of the Thacker Pass project

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