en.Wedoany.com Reported - NOA Lithium has signed a strategic agreement with engineering firm Hatch, under which Hatch will lead the process development study for the Rio Grande lithium project in Salta Province, Argentina. As consideration for the services, Hatch will receive shares of NOA Lithium valued at approximately $100,000.

This study is part of the pre-feasibility study (PFS) for which Hatch is responsible. The research aims to compare treatment options based on evaporation ponds with alternatives using direct lithium extraction (DLE) technology, while also evaluating conceptual designs that could help optimize the project's future development.

NOA Lithium CEO Gabriel Rubacha welcomed Hatch as a company investor, stating that Hatch's investment reflects confidence in the Rio Grande project and the company's development strategy. The agreement supports the company's goal of advancing key technical work streams to complete the pre-feasibility study (PFS) while maintaining orderly capital allocation.

Conrad Blake, Managing Director of Minerals at Hatch, noted that data-driven rigorous process development holds significant value at this stage, and the study will help clarify technology choices and improve decision-making as NOA progresses through the pre-feasibility study (PFS). He emphasized that Hatch's involvement reflects confidence in the project and its team.

Rio Grande is NOA Lithium's flagship project in Argentina and part of its asset portfolio in the "Lithium Triangle." The addition of Hatch as a strategic partner aims to identify the most effective processing solution for the future development of the deposit. The study results will serve as the foundation for the upcoming pre-feasibility study (PFS), a critical step in defining the project's technical, economic, and operational aspects.

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