Follow us on TwitterWestern Lithium USA Corporation is developing its Nevada lithium deposit to support the new generation of hybrid/electric vehicles.
With one of the world's largest known deposits of lithium, the company is ideally positioned to enter the market as a major long term supplier of high quality lithium carbonate for the automotive sector.
Project Overview Video
Western Lithium's wholly-owned Kings Valley Lithium Project is located in Nevada, USA. In December 2011, the Company completed a NI 43-101 compliant pre-feasibility study which indicates a $550 million NPV(1) and 24% IRR(1) once full production of 26,000 tonnes per year of lithium carbonate is achieved. Proven and probable reserves total 27 million tonnes(2) at an average grade of 0.395%, providing a 20-year mine life.
(1) At an 8% discount rate. (2) At a 0.32% lithium cut-off grade