Strategic mineral miningwith strong and increasing demand
StrategicMineral Mining
Lithium Corporation Company Overview
HTX Energy is a junior mining company focused on creating shareholder value through the discovery and development of lithium and other energy, and hi-tech mineral resources.
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batteries to power hybrid andelectric vehicles.
ADVANCING WORLD-CLASS LITHIUM PROJECTS
The goal of HTX Energy is to bring lithium projects in Argentina and the South Americas into production. As the largest new brine operation in more than 20 years, Cauchar-Olaroz is moving closer to first production in Argentina, while Pastos Grandes, which is close by, signifies regional expansion. Sustainably developing future sources of high-quality lithium chemicals to fuel the global transition to a low-carbon economy.
Lithium Mining Importance to Argentina
Argentina’s mining industry, especially its lithium mining industry, is still undeveloped. It only started in earnest in the 1990s. The mining industry also required revamping of Argentina’s work and labor laws to make the work environment safer for potential mining workers. Since the 90s, employers have taken these implementations seriously and are working their way to employing more of Argentina’s workforce. With the importance of lithium in modern times, there is a high probability that the Argentine mining industry will expand as lithium becomes more important in everyday life.
Argentina’s lithium resources are vital to its economy and the global supply chain. Its lithium production accounts for 16% of the overall global lithium production. Argentina’s mining industry only accounts for 0.6% of the Gross Domestic Product (GDP) while the government hopes to increase its contribution to at least 3% in the coming years. An increased contribution by the mining industry is well on its way as Posco begins operations in lithium mining in Argentina.
The goal of HTX Energy is to bring lithium projects in Argentina and the South Americas into production. As the largest new brine operation in more than 20 years, Cauchar-Olaroz is moving closer to first production in Argentina, while Pastos Grandes, which is close by, signifies regional expansion. Sustainably developing future sources of high-quality lithium chemicals to fuel the global transition to a low-carbon economy.
GLOBAL DIVERSITY EQUITY AND INCLUSION
HTX Energy' expanding staff reflects the variety of the communities where we will be operating as a result of international projects moving into production. Our most valuable resource is our workforce. We encourage diversity, equity, and inclusion and understand how critical it is to create a welcoming workplace that emphasizes a feeling of community. Through partnerships and outside efforts, we are dedicated to furthering diversity initiatives outside the workplace. We have joined the largest CEO-driven business commitment to promote measurable action and significant change in promoting diversity, equity, and inclusion in the workplace, the coalition for CEO action on diversity and inclusion.
Social Responsibility
Building strong relationships with the local communities in every area where we operate and creating shared value is a priority for HTX Energy. At Caucharí-Olaroz, a Social Responsibility Plan was developed to incorporate best practices to minimize the impact of its operations on local communities and the environment. The company entered into agreements with aboriginal communities located proximate to Caucharí-Olaroz that aim to promote social development through high quality job creation, training, access to medical assistance and other infrastructure.
Argentina - Our current Projects
Caucharí-Olaroz is expected to be the next low-cost brine lithium carbonate project in Argentina. Pastos Grandes is located in Argentina’s lithium triangle in proximity to Caucharí-Olaroz, representing regional growth opportunity for Lithium Americas
Cauchari-Olaroz
Argentina's upcoming low-cost brine lithium carbonate project is anticipated to be Cauchar-Olaroz.
Project Summary
North-west Argentina's Jujuy Province is home to Cauchari-Olaroz. The Project is located near the Olaroz facility of Orocobre Ltd., which has been in operation since 2015, in the Salar de Olaroz and Salar de Cauchari. Major paved highways, a national and international rail link that connects to the port of Antofagasta in Chile, a high-voltage electricity system, and a gas pipeline are just a few of the neighboring amenities that Cauchari-Olaroz can take advantage of.
There are two separate processes in the manufacturing process, which is generally compatible with other well-known brine operations. In the first phase, lithium is concentrated in the brine by a solar evaporation process, and competing salts are precipitated in huge ponds. The ponds at Cauchari-Olaroz are based on the pond design standards employed by SQM in their current Atacama operation, and they utilise shallow ponds with an annual harvest of precipitated salt from the flat pond base. The second phase makes use of the processing equipment to convert the concentrated lithium brine into battery-grade lithium carbonate while making sure that the finished product is impurity-free.
Pastos Grandes
Pastos Grandes is located in Argentina’s lithium triangle, representing regional growth opportunities.
Project Summary
The Pastos Grandes lithium project, situated in Salta, Argentina, currently encompasses more than 12,619 hectares of the Salar de Pastos Grandes. The project's previous owner, Millennial Lithium, committed approximately C$40 million to explore and develop it until being purchased by Lithium Americas in December 2021. This resulted in a Feasibility Study in 2019.
Exploration and development work included 22 exploration/monitoring wells, 4 pumping test production wells, pilot ponds, a pilot plant as well as a year-round camp supported by a hybrid solar power system.An Environmental Impact Assessment-Exploitation for construction and operation of a 24,000 tonne per year battery-quality lithium carbonate production facility was approved in June 2020, and a Declaracion de Impacto Ambiental (DIA) from the Environmental and Mining Authority in Salta Province, Argentina was issued.
Investor Relations
Our projects are guaranteed to have a longer life, lower cost for operation and still produce the highest quality products on the market. Our growth strategy makes us well positioned for sucess and we try to provide detailed company information to our shareholders on a regular basis.
The HTX Energy yearly lithium production.
News & Publications
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Mar 2024
Research into sustainable processing
Lithium, the "white gold" powering our electric revolution, faces challenges in its extraction and processing.
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Feb 2024
Current lithium market review
Argentina has the second-largest reserves globally. Argentina currently ranks 3rd in lithium production, with output climbing 6% in 2023.
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Jan 2024
HTX Energy yearly projections for 2024
At the heart of the HTX Energy strategy lies aggressive exploration. In 2024, the company aims to significantly expand its land holdings.
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Dec 2023
Research grant for recycling processes
Argentinian lithium company HTX Energy has secured a $1.5 million grant from the Argentina Renewable Energy Association (AREA).
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Nov 2023
HTX Report on lithium boom in Argentina
HTX Energy is one of Argentina's leading producers of lithium, a critical mineral used in batteries for electric vehicles.
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Oct 2023
Huge investment in upcoming project
HTX Energy CEO today announced that a US$100 million investment into new lithium projects in Argentina will happen.
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Sep 2023
Latest Upgrades to Increase Production
HTX Energy today announced the completion of its latest upgrades to its lithium mining operations, which will increase porductivity by 20%.
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Aug 2023
HTX planned exploration project detects high yields
A recent exploration project from HTX energy has discovered a potentially huge lithium deposit in Argentina and further tests are currently under way.
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July 2023
Equipment offering for new government plant
HTX Energy, Argentina have offered the government new machinery and supplies for their plan to launch a lithium ion battery plant in September.
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June 2023
HTX Energy first quarter highlights
Today, HTX Energy reported a year-over-year revenue growth of 8.5% for the first quarter of fiscal 2023, driven primarily by an increase in production volumes.
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May 2023
EU in talks about lithium with Argentina
In a recent report released from a HTX researcher estimated that the demand for lithium from Argentina will multiply by up to ten times by the year 2030.
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April 2023
Science department receives research funding
HTX Energy will be providing funds of up to 2.6 million USD to its scientific research department for lithium-ion battery research and development.
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March 2023
HTX pursue fast charging lithium-ion batteries
Researchers show that lithium ions in a specific polymer casing can create an extremely fast charging battery and longer life increasing efficiency.
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February 2023
Lithium provinces want a slice of huge revenues
Argentina's governing lithium heads gathered recently in Buenos Aires to discuss a plan where the country would promote adding value to the extracting activity.
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January 2023
Energy exploration project gets funding
HTX Energy intends to launch a lithium exploration project by the end of this year under a plan to become one of Argentina’s top suppliers of lithium.
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December 2022
End of year donation to local charity
HTX Energy has decided to end the year with some community outreach to provide a range of donations for a local charity in Buenos Aries.
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November 2022
Staff attend Latin America lithium summit
The Argentina and Latin Lithium Summit recently announced that a meeting is intended to take place in Buenos Aries in November this year.
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October 2022
Importing EU specialist equipment
Topics like sustainability when mining and discovering resources are very important to organisations such as HTX.
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September 2022
Lithium rush gathers pace in Argentina
In the remote northern province of Salta, Argentina, machinery pumping salt-water brine to extract lithium is a common sight.
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August 2022
Increased production with refined processes
The HTX research team is exploring new extraction processes that could lead to a 2.3% increase in production.
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July 2022
Argentina set for large lithium market growth
Recent years have seen a surge in the metal lithium, coveted for its ability to make batteries for electric vehicles.
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June 2022
Lithium export has reference price set
The Argentinian government has set an official reference price for exports of lithium carbonate, intending to increase transparency in the sector.
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May 2022
Plans To Raise Money For Lithium Projects.
HTX Energy is the owner of new multiple early stage lithium projects in Argentina’s lithium triangle.
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April 2022
Argentina government introduce mining incentives
The Argentine government will be introducing new incentives to grow the Lithium mining sector over the next decade.
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March 2022
Application for project acquisition
HTX Energy acquisitions team recently applied to bid for an upcoming available lithium mining project location situated in the Lithium Triangle in Argentina, South America.
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