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Argentinian university licenses lithium extraction method to Latin Resources

By Jesse Schwartz
Published: October 11th, 2017

Latin Resources Limited, a mineral exploration company based in Argentina, has licensed a technology from the University of Cuyo (UnCuyo) that involves an alternative method for extracting lithium carbonate.

Developed by UnCuyo researchers Mario Rodriguez, Daniel Rosales and Maria del Carmen Ruiz, the environmentally friendly method would lower the costs of obtaining lithium and would allow for the extraction of other commercially viable products.

Under the terms of the licensing agreement, Latin Resources will fund the development of the technology at UnCuyo. The first stage of funding will support the creation of a lab-scale pilot plant on campus, and the second stage will allow the university to build a full-size pilot plant to test the technology on a commercial scale.

Latin Resources aims to incorporate the university technology into its vast plant processing capacity to accelerate lithium production. The exclusive license will cover the territories of Argentina, Australia, China, Canada and the United States.

 “The securing of a lithium carbonate technology is another step forward for Latin Resources to move into the lucrative production of the highly valued electric battery minerals market,” says the company’s managing director Chris Gale.

Source: Latin Resources

Posted under: Tech Transfer e-News

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