TSX-V: AAL 0.19 | OTCQX: AVLIF 0.14

Pre-Feasibility Study

Installed Production Capacity (lithium carbonate) 25,000 tonnes
After-Tax Net Present Value ("NPV") @ 8% Discount Rate $671 million
After-Tax Internal Rate of Return ("IRR") 20.9%
Initial Capital Expenditures $ 446 million
Cash Operating Costs (per tonne of lithium carbonate) $ 3,560
Mine Life 30 years (note 3)
Payback Period (from commencement of production) 4yrs 10mo
Average selling price US$ 12,166/tonne LCE


  1. All PFS costs are quoted in Q3 2019 U.S. dollars
  2. Project economic evaluation includes current Argentinian federal and provincial fiscal legislation
  3. Based on current Reserve Statement as of 15-September-2019