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
Market concept

(Last) Market Close (of 2025): October back again as DRO, EOS & 4DX pop; otherwise mid day

If you wanted to feel like you were re-living the festivity season for the XJO that was October, look no further than today’s

EV Resources on ‘accelerated pathway’ to Los Lirios restart after strong antimony recovery tests

EV Resources is inching closer to a Los Lirios restart after strong metallurgical results set up…
Magneto scan concept

MRI scans changed medicine – what disruptive tech is next? Enter Compumedics, up +50% YoY

Compumedics, a biotech company developing its Orion Lifespan MEG product, could just be the next big…

Coles, Woolies left furious over gov’t checks designed to limit ‘excessive pricing on groceries’

Coles and Woolworths have come out swinging against the government's plan to impose stricter rules to…