AVZ best Li performer on the ASX, page-13

World’s largest Lithium deposit:

1. Sonora Lithium Project – 243.8MtSonora Lithium Project is the biggest lithium deposit in the world. Image courtesy of Dnn87.The Sonora lithium project, located in Sonora, Mexico, is the biggest lithium deposit being developed by Sonora Lithium (SLL), a joint venture (JV) of Bacanora Minerals (77.5%) and Ganfeng Lithium (22.5%).The mine is estimated to hold proven and probable reserves of 243.8Mt, containing 4.5Mt of lithium carbonate-equivalent (LCE). The bankable feasibility study for the La Ventana concession, which will account for 88% of the mined ore from the project, estimates an initial mine life of 19 years.Sonora will be an open-pit operation proposed to be developed in two stages with the first stage having a production capacity of 17,500 tonnes per annum (tpa) of lithium carbonate. Stage two will double the production capacity to 35,000tpa.