Curated News
By: NewsRamp Editorial Staff
June 24, 2025
NOA Lithium Discovers Fresh Water, Accelerating Rio Grande Project
TLDR
- NOA Lithium Brines Inc. gains a strategic edge by discovering on-site fresh water at its Rio Grande Project, reducing costs and accelerating production timelines.
- NOA Lithium Brines Inc. has identified a fresh water source within its Rio Grande Project, strategically located near high lithium concentration areas, optimizing future production facilities.
- The discovery of fresh water by NOA Lithium Brines Inc. at the Rio Grande Project supports sustainable lithium production, contributing to cleaner energy solutions globally.
- NOA Lithium Brines Inc. finds fresh water in Argentina's Lithium Triangle, a game-changer for lithium extraction and a boon for electric vehicle battery production.
Impact - Why it Matters
The discovery of fresh water at NOA Lithium's Rio Grande Project is a pivotal development that could significantly reduce both capital and operating costs, accelerating the project's timeline toward lithium production. This is crucial at a time when global demand for lithium is surging, driven by the electric vehicle revolution and the need for energy storage solutions. For investors and stakeholders in the renewable energy sector, NOA Lithium's progress represents a promising opportunity in the lithium supply chain, highlighting the company's potential to contribute to the green energy transition.
Summary
NOA Lithium Brines Inc. has made a groundbreaking discovery at its Rio Grande Project in Argentina's Lithium Triangle—a fresh water source within its project boundaries. This discovery is a game-changer for the lithium brine project, as access to industrial water is a critical factor in the arid regions where lithium salars are found. The strategic location of the water well, near areas with the highest lithium concentration, could significantly reduce development costs and accelerate the project's timeline. NOA Lithium's CEO, Gabriel Rubacha, highlighted the importance of this milestone for the project's advancement toward production, with a Preliminary Economic Assessment (PEA) expected in Q3 2025. The company's strategic position in the Lithium Triangle and its vast land package in Salta Province position it alongside industry leaders, making it a compelling story for investors in the lithium space.
For more details on NOA Lithium's recent achievements, including the discovery of fresh water at the Rio Grande Project and its engagement with Hatch for the Preliminary Economic Assessment, visit the provided links. This news underscores NOA Lithium's potential to become a significant player in the global lithium supply chain, especially as demand for lithium continues to rise due to the growth in electric vehicle adoption and energy storage needs.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, NOA Lithium Discovers Fresh Water, Accelerating Rio Grande Project
