Millennial Lithium: Getting Environmental Permits and Financing Until Summer

Interview with President & CEO Farhad Abasov. Millennial Lithium is getting the environmental permit in the next months and is parallel working towards finalizing the financing for the Pastos Grandes Lithium deposit in Argentina until summer. Get our free Newsletter (English) ►: http://eepurl.com/bScRBX Get our free Newsletter (German) ►: http://eepurl.com/08pAn Subscribe to our YouTube channel ►: https://www.youtube.com/user/ResourceCapitalAG?sub_confirmation=1 Powering Tomorrow's Generation! Millennial Lithium is focused on the development of their flagship lithium brine project, Pastos Grandes, situated in the province of Salta in the Lithium Triangle of Argentina. The company has recently completed a Feasibility Study (FS) on Pastos Grandes Project which yielded Proven Reserves of 179,000 tonnes of Lithium Carbonate Equivalent (LCE) and Probable Reserves of 764,000 tonnes of LCE. The economic analysis from the FS yielded robust economics for a 24,000 tonne/year battery grade LCE operation with a CAPEX of 442 Mio $, OPEX of 3,388 $/t LCE, NPV(8%) of 1,030 Mio $ and IRR of 24.2%. Pilot plant and pilot pond trials are ongoing at the project. Millennial is well financed and is moving towards a large project finance in 2020. Fast development of the feasibility study, followed by production decision and project financing. planned production for 2021. *Stay ahead of the investment-crowd* Commodity-TV and Rohstoff-TV offer you free interviews and company presentations across the Metals-, Mining- and Commodity sector. Topics: Gold, Silver, Gold and Silver, gold price, buy Gold, buy Silver, Metals, Mining, investment