Exploration & Processing - Fall 2010 - (Page 71)

BY CHRIS PETERSEN LITHIUM AMERICAS CORP . Roughly 70 percent of the lithium used today – in items such as cell phones and laptop computers - is mined from brine. RIGHT BRINE, RIGHT TIME LITHIUM AMERICAS CORP. SAYS IT IS SITTING ON THE WORLD’S SIXTH-LARGEST DEPOSIT OF LITHIUM BRINE, WHICH IT FOUND BY SEARCHING SALT LAKES. T FALL 2010 here are two ways to search for lithium – the easy way and the hard way. The hard way is to look for it from hard rock sources, which can be prohibitively expensive. The easy way – and the way Torontobased exploration firm Lithium Americas has been successful with – is to search salt lakes for lithium brine. Lithium Americas Vice President of Corporate Development Mike Cosic says the cost of production from lithium brine is about half that as from hard rock sources, so it’s no surprise that about 70 percent of the lithium used today is mined from brine. It’s for this reason that Lithium Americas is sitting in a good position as the proliferation of electronic devices such as cell phones and laptop computers that use lithium batteries continues across the globe. The company has rights within five different salt lakes in Argentina, one of the few places on Earth where lithium brine mining is performed. Cosic says this gives Lithium Americas the sixth-largest lithium brine deposit in the world, covering more than 125,000 hectares. Although the company has one of the richest deposits at its disposal, Cosic says there will be more to the company’s success than just having it. “What separates us from all those lithium brine juniors is that we believe we have the most advanced exploration drilling program in the marketplace today,” he says. COMPANY PROFILE Lithium Americas Corp. www.lithiumamericas.com Headquarters: Toronto Employees: 100 Specialty: Lithium and potassiMike Cosic, vice president of corporate development: “What um exploration separates us from all those lithium brine juniors is that we believe we have the most advanced exploration drilling program in the marketplace today.” EXPLORATION-PROCESSING.COM | 71 http://www.EXPLORATION-PROCESSING.COM

Table of Contents for the Digital Edition of Exploration & Processing - Fall 2010

Exploration & Processing - Fall 2010
Spillover Effects
Profitable Path to Renewable Energy
Dynamic Air Shelters Ltd.
Elevating Boats LLC
Gazelle’s Oilfield Services Ltd.
International Alliance Group
Lydford Mining Co.
Offshore Inland Marine, Industrial & Oilfield Services
Q.B. Johnson Manufacturing Inc.
Thermo Design Engineering
Western Camp Services Ltd.
Western Copper Corp.
Alberta Welltest Incinerators
Blakely Construction Co. Inc.
Bluewater Constructors Inc.
Energy Fabrication Inc.
OFM Pump Inc.
Lithium Americas Corp.
New Dominion Construction Inc.
Otis Gold
Owen Sound Ledgerock Ltd.
Reagan Equipment Co. Inc.
Swick Mining Services (Canada) Inc.
American Oil & Gas – The Goliath Project
Africo Resources Ltd.
American Tank Company Inc.
Atlas Copco Geotechnical Drilling & Exploration
Clarkco Oilfield Services Inc.
Energy Fuels Resources Corp.
ESA Renewables LLC
GPR Industries (1994) Ltd.
Helio Resource Corp.
Landdrill International Inc.
Laurel Aggregates Inc.
LoneStar Energy Fabrication
NioGold Mining Corp.
Pacific Booker Minerals Inc.
Phoenix Exploration Co.
Premium Rock Bit Corp.
Queenston Mining Inc.
RAE Engineering & Inspection Ltd.
Goldcorp – Red Lake Gold Mines
C-FER Technologies Inc.
Surepoint Group
Eden Stone and Valders Stone & Marble Inc.
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Exploration & Processing - Fall 2010