In a response on the investor interactive platform, CNGR stated that the company has secured two lithium salt lake projects in Argentina, with estimated lithium resources exceeding 10 million metric tonnes of lithium carbonate equivalent (LCE). The resource volume is expected to increase as exploration progresses.
Going forward, the company will further verify the reserves of the two salt lake lithium projects and proceed with extraction based on exploration results, construction readiness, as well as internal and market demand. CNGR added that it will disclose relevant progress on its Argentine lithium projects in accordance with regulatory requirements.
Written by Cora Ji, jiruyan@mysteel.com
