Galaxy Resources's Sal de Vida lithium brine project is still scheduled to be put into production in 2022.

Published: Jul 7, 2020 17:05

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SMM7, March 7-although the new crown outbreak has affected the progress of the Sal de Vida lithium brine project, early work is expected to be carried out in the second half of 2021 and the first phase of ore production is still expected to be achieved in 2022,: Galaxy Resources said on Tuesday.

, Galaxy Resources suspended operations of the Sal de Vida project in April after Argentina issued a national blockade to curb the spread of the virus and resumed in May.

, Galaxy Resources is expected to spend about $12 million on pilot, engineering, drilling and owner costs in the second half of 2020.

The project will require a capital investment of US $474 million to produce about 25000 tons of battery-grade lithium carbonate and 95000 tons of potash over a 40-year mining life.

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