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Admiralty puts numbers on Rincon Salar

ADMIRALTY Resources says its Rincon Salar polymetallic brine project in Argentina will take two years and cost just under $US30 million to develop, with annual cashflow put at just under $US25 million.

Ben Sharples
Admiralty puts numbers on Rincon Salar

Projected revenue is forecast to be $US44.85 million per annum, and operating expenditure, $US20.07 million pa. Admiralty is aiming to produce around 12,000t of lithium chloride, 40,000t of potassium...

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