Lithium evaporation
Source: Adobe Stock
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

Pursuit Minerals (ASX:PUR) has moved successfully through the commissioning of a 250-tonne per annum lithium carbonate pilot plant at its Rio Grande Sur project in Argentina, which has now begun processing lithium brine.

Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.

Commissioning had involved testing and calibration of all components of the Pursuit plant, ending with an assessment of its circuit through hydrostatic testing, with production commencing after that.

The brines being processed through the Salta plant are synthetic, but chemically identical to naturally evaporated brines from the Rio Grande Salar.

Pursuit managing director and CEO Aaron Revelle said this was a key achievement for the Rio Grande Sur project, which is based out of Argentina’s northwest.

“Successfully commissioning and initiating lithium carbonate production represents a major step forward in de-risking our processing methodology and proving the commercial viability of our scalable production strategy,” he said.

More market news

Together: The U.S. has suspended aid to Ukraine. Will Europe step into the breach?

Tough trim: Why rate cuts are bad news for the Australian economy

“With global lithium demand continuing to show signs of recovery over the coming years, we are now firmly positioned to transition toward large-scale, low-cost lithium production.”

Pursuit has been selling at 7cps through Friday morning trade.

Join the discussion: See what HotCopper users are saying about Pursuit Minerals and be part of the conversations that move the markets.

The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

pur by the numbers
More From The Market Online

MetalsGrove defines multiple gold-anomalous trends at Zuenoula

MetalsGrove Mining has uncovered multiple gold-anomalous trends with sampling at the Zuenoula target in Côte d’Ivoire.
The Market Online Video

Market Open: Aussie traders sniffing for cheap deals; Wednesday inflation the big watch

At The Bell — Australian shares are heading towards a soft gain on Monday morning in Week 22, with a ~10 point advance
Haranga's Lincoln project concept

Week 21, Wrapped: Trump renews peace plans as US 10Y yields eye 4.7%; ASX jumps

It’s a well-accepted near-truism for the Donald Trump administration (we can only hope to get near the truth) that the US President

Avira Resources on target for inaugural Mt Cattlin gold drilling

Avira Resources is preparing for its inaugural RC drilling program at the high-grade Mt Cattlin gold…