Curated News
By: NewsRamp Editorial Staff
April 11, 2024

TNR Gold Corp Set to Generate First Royalty Stream with Mariana Lithium Project

Reddit Discuss on Reddit
Source News Release

TLDR

  • TNR Gold Corp will start generating its first royalty stream from the Mariana lithium project, aiming to establish itself within the green energy metals royalty and gold sector.
  • The Mariana lithium project in Argentina will commence production this year, with a focus on increasing lithium concentration, and developing facilities for lithium chloride production.
  • The project's operations will be entirely powered by renewable energy, contributing to the global shift towards sustainable energy and the development of lithium solid-state batteries for more efficient electric vehicles.
  • The Mariana lithium project in Argentina is targeting an annual output of 20,000 tonnes, with a 120-megawatt solar power plant being developed to expand to 150 megawatts.

Impact - Why it Matters

The development of the Mariana lithium project and TNR Gold's entry into the green energy metals royalty sector are important as they signify a shift towards sustainable energy solutions. The project's use of renewable energy and production of lithium chloride will contribute to the advancement of next-generation lithium solid-state batteries, impacting the efficiency and range of electric vehicles.

Summary

TNR Gold Corp executive chairman Kirill Klip reveals that the company will soon begin generating its first royalty stream once the Mariana lithium project in Argentina starts production. This marks a significant milestone for TNR Gold Corp as it aims to establish itself in the green energy metals royalty and gold sector. The Mariana lithium project, operated by Ganfeng Lithium, will focus on increasing lithium concentration and building facilities for lithium chloride production, all powered by renewable energy.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, TNR Gold Corp Set to Generate First Royalty Stream with Mariana Lithium Project

blockchain registration record for the source press release.