Our Strategy & Vision
Bacanora has a vision to become a large scale producer of high grade lithium through the development of the world-class Sonora Lithium Project in Mexico.
At Sonora, the Company is focused on completing a Bankable Feasibility Study for a 35,000 tpa Li2CO3 operation by Q1 2017, after which detailed design and site preparation work will commence in Q2 2017. The PFS completed at Sonora has also highlighted strong potential upside through the production of up to 50,000 tpa of potassium sulphate for sale to the domestic Mexican fertiliser industry.
The Magdalena Borates Project is envisaged to potentially provide up to 50,000 tpa of boric acid production for domestic use. Boric acid pilot plant and study work is ongoing in tandem with the Company’s lithium development activities.