April 18 (Reuters) - Lithium Americas Corp:
* Announces positive preliminary economic assessment for its cauchari Lithium
project
* Assessment provides for a 40,000 tonne per annum Lithium carbonate production
facility built in 2 phases
* Says potash and borax by-products have not been included in this economic
assessment
* Says potash and borax by-products could potentially add further value to the
project
* Economic assessment calculates a base case pre-tax net present value of $983
million for cauchari project
* First phase of cauchari expected to begin generating revenue from lithium
carbonate production in 2014
* Says second phase of cauchari project is expected to begin generating revenue
in 2018
* Says capital costs associated with the first phase are estimated to be $217
million
* Says capital costs associated with the second phase are estimated to be $181
million
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Announces positive preliminary economic assessment for its cauchari Lithium
project
* Assessment provides for a 40,000 tonne per annum Lithium carbonate production
facility built in 2 phases
* Says potash and borax by-products have not been included in this economic
assessment
* Says potash and borax by-products could potentially add further value to the
project
* Economic assessment calculates a base case pre-tax net present value of $983
million for cauchari project
* First phase of cauchari expected to begin generating revenue from lithium
carbonate production in 2014
* Says second phase of cauchari project is expected to begin generating revenue
in 2018
* Says capital costs associated with the first phase are estimated to be $217
million
* Says capital costs associated with the second phase are estimated to be $181
million
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.