11:41 AM EST - Lithium Americas Corp. : announced the results of a National Instrument 43-101 compliant Preliminary Economic Assessment ("PEA") for its Cauchari lithium brine project in Argentina. The PEA was prepared by the independent engineering firm, ARA WorleyParsons ("ARAWP"). ARAWP has a significant amount of experience in lithium brine processing, having designed and participated in building the world's largest and lowest cost lithium brine processing facility in Chile. The PEA provides for a 40,000 tonne per annum ("TPA") lithium carbonate ("LCE") production facility built in two phases, with construction of the first 20,000 TPA phase expected to begin in 2012, and construction of the second phase expected to begin in 2016. Lithium Americas Corp.
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