Lithium Americas updates mineral resource for Nevada project ahead of permitting

Lithium Americas has increased the mineral resource for its Thacker Pass project in Nevada to 13.7 million tonnes LCE in the measured and indicated category, plus 4.4 million tonnes LCE in inferred.

The update includes new resources detected from drilling in the Southern area of the project since 2018. Thacker Pass is considered to be the largest known lithium resource in the US, with an estimated 46-year mine life.

The initial Phase 1 targeted capacity has also been increased from 30,000-35,000 tonnes per annum (tpa) to reflect the optimised mine plan and leaching efficiencies. A feasibility study is also being designed to incorporate a potential Phase 2 expansion scenario to target total capacity of 80,000 tpa.

“As the US electric vehicle supply chain continues to grow, we remain committed to developing Thacker Pass with all of our stakeholders’ interests in mind,” said Lithium Americas CEO Jonathan Evans.

“This includes ensuring we move the right project forward to align Thacker Pass with the growing needs of our potential customers and strategic partners,” he added.

All key state permits for the potential lithium mine are expected to be released for public comment in Q4 of this year. At the federal level, a court hearing on the appeal of the record of decision is expected to take place in February 2022, with the ruling to follow shortly thereafter.

@RGNonline