Lithium producer Allkem says Olaroz resource increased 27% to 20.7Mt LCE Allkem Lithium
- Lithium producer Allkem announced today that Olaroz resource increased by 27% to 20.7 million tonnes lithium carbonate equivalent , comprising 7.6 Mt of measured resource, 7.1 Mt of indicated resource and 6 Mt of inferred resource.
Allkem added that the lithium grade of the Olaroz salar measured resource is 657 mg/l lithium, with the underlying indicated resource and inferred resource 612 mg/l and 604mg/l lithium respectively. Allkem also pointed out that the Olaroz basin has significant exploration potential with extensive areas to the north of the salar surface currently untested by drilling and also extensions towards the Cauchari resource and to the west of the salar.
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