Operated by Rincón Mining Pty Ltd, Rincón (Rincón) is a lithium brine project located in Salta province, Argentina. Lithium mineralisation at the Salar del Rincón occurs within halitic brine. The project, currently at the definitive feasibility stage, will use membrane technology to overcome the issue of a high Mg/Li ratio in the brine for the production of battery grade lithium carbonate. Initial targeted production is 25ktpy with a potential staged expansion to 50ktpy. Wood Mackenzie’s asset reports are built from the bottom up, incorporating several granular data metrics to ultimately produce our industry-standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.