The 21st century metal that will power the future.



This 21st century metal is the key driver of clean, renewable energy storage technology.

Why the Lithium Triangle

The “Lithium triangle” hosts the highest concentrations of lithium brines in the world. These expansive salt flats can be found where Bolivia, Argentina and Chile all meet.

Grades in the lithium triangle average 500% higher than in Nevada. This is why it is home to several world-class lithium mines, which are the most profitable in the industry.

Brine mining is a technologically simple and inexpensive mining process that does not require significant up-front capital expenditures or considerable operating costs.

Grades in the lithium triangle average 500% higher than in Nevada.


One of the world’s leading experts on lithium mining and a 45-year industry veteran, Dr. Vijay Mehta*, PhD, says:

“In my opinion, Millennial Lithium is one of only several exploration and development companies that has a real shot at building a new lithium mine within the next several years. The others are Galaxy Resources and Lithium Americas.”

With four decades of industrial minerals experience, Iain Scarr, Chief Operating Officer and VP of Development and Exploration for Millennial Lithium, says:

“It’s a top-quality project with good chemistry. And its structural controls suggest it is a sizeable deposit, too. Additionally, the recent initial drill results speak to its overall resource potential.”


Brine (solution) mining: Lithium carbonate is derived by pumping lithium-bearing brines (salty water) to the surface of a salt lake, where it is distilled and concentrated over time by evaporation. This is a simple and relatively inexpensive process.

Hard rock lithium mining: A capital-intense means of lithium mining, requiring very high grades to be profitable. Most hard rock mining is confined to Australia. It is ordinarily at least twice as expensive to produce as brine mining. — $5000/t vs $2000/t*.


Lithium demand is estimated to more than triple between 2015 and 2025, led by lithium ion battery demand growth, according to Goldman Sachs Global Investment Research. Due to supply inelasticity, demand is set to outstrip supply as early as 2020 and by as much as 25%, according to the global investment bank, Credit Suisse.

New market entrants are expected to help make up for the shortfall. Millennial Lithium is committed to being one of them. Consequently, Tesla Motors, Nissan, BMW, Daimler and other multi-national automobile manufacturers are anxious to lock-in long term supply agreements.


Dubbed as “white petroleum”, lithium is the fuel of the future due toits environmentally–friendly applications.

As the main ingredient in high-density, long-life batteries, it has traditionally been used in computing and mobile communication devices.

In the 21st century, lithium has become a key driver of society’s green energy revolution. And it is being adopted on a quantum scale to power electric vehicles and for disruptive mass energy storage solutions.

Grades in the lithium triangle average 500% higher than in Nevada.


Home to World-Class Lithium Riches
Argentina’s rich lithium reserves are found in the provinces of Salta, Jujuy and Catamarca. They have many of the same geological characteristics as salt flats in Chile, which yield much of the world’s supply.

However, Argentina’s deposits boast higher quality lithium and superior brine evaporation rates.

With an annual output of around 3,800 metric tonnes in 2015, Argentina has overtaken China to become the world’s third largest lithium producer. A Pro-Business, Pro-Mining Government.

Argentina’s 600-tonne increase (approx.19%) in its lithium production in 2015 illustrates its commitment to significantly scaling-up its output. The fast-tracking of the Olaroz lithium project – which is operated by Orocobre and Western Lithium – to an anticipated 2018 production status is a landmark development.

This development signals that a politically-stable Argentina is now committed to supporting the emergence of a powerfully prolific lithium mining industry.

How Argentina Supports the Green Energy Revolution According to Argentina’s mining secretary, Jorge Mayoral:

“Argentina has, in the provinces of Catamarca, Salta and Jujuy, the most fantastic quantity and quality of lithium the world can boast today. It’s a mineral Argentina is betting heavily on.”

Argentina has overtaken China to become the world’s third largest lithium producer. A pro-business, pro-mining Government.

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