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| Eramet |
Eramet, a French mining firm, has initiated lithium carbonate production. The production occurs at its Argentine plant. The Centenario plant uses direct lithium extraction (DLE) technology. This technology operates at an industrial scale. The plant's initial capacity reaches 24,000 metric tons per year. This production yields battery-grade lithium carbonate.
Centenario-Ratones Salar Resources and Ownership
The Centenario-Ratones salar holds over 15 million tons of LCE. This positions the asset in the lithium industry's first cost quartile. The salar's potential capacity exceeds 75,000 tons of LCE per year. Eramet acquired full ownership of the operation in October. They repurchased Tsingshan's 49.9% minority stake for $699 million.
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