Sorcia signed an agreement with RJR Salar to explore lithium reserves in 9,000 hectares in the Tambo salar, close to the city of Colchane, in addition to another 2,100 hectares already agreed in the Maricunga Salar, both aimed at introducing an innovative technology sustainable in the non-metallic mining industry.SORCIA CHILE SPA (SORCIA), a subsidiary of the US company, SORCIA MINERALS LLC, reached a new agreement with RJR SALAR SPA (RJR), to expand the territory to explore lithium reserves in 9,000 hectares of the Salar de Tambo, near the town of Colchane, border with Bolivia.
This agreement is in addition to the one signed in May, also with RJR SALAR SPA, for the exploration of another 2,100 hectares in the Salar de Maricunga, Sorcia intends to utilize an innovative, highly sustainable technology, developed by the Canadian company, INTERNATIONAL BATTERY METALS (IBAT), and licensed by Sorcia Minerals LLC. This technology allows for the production of lithium through Direct Lithium Extraction (DLE), without utilizing evaporation ponds, and recovering and reinjecting more than 90% of the extracted brine in its natural state, so the absorption of water resources are minimum.
The development and exploration of these salars will be carried out in conjunction with the UNIVERSITY OF SANTIAGO DE CILE (USACH), SORCIA's strategic partner for research, development and implementation of new technologies that are sustainable for the non-metallic mining industry. Through the use of IBAT's noninvasive modular mobile lithium extraction facilities, the operation and facilities can be dismantled, without damaging or modifying the structure of the salar.
As it nears completion of its first commercial plant which will be integral to providing feedstock to our planned hydroxide roll out in Europe, Sorcia and its strategic partner, USACH, are excited to meet the growing worldwide demand for lithium while being environmentally conscious through the use of cleaner technologies to preserve resources and guarantee the living conditions of local communities.
About Ensorica Metals, LLC
Ensorcia Metals Corporation is a private corporation formed to acquire, to license and to develop the most advanced proprietary technologies and facilities available in the metals industry today. Today, portions of the metals industry are experiencing unprecedented global growth and demand of lithium due to new and exciting applications such as electrification and storage.