The winning edge of the Argentina Lithium salt lakes
Niko Cacos, President, CEO and Director of Argentina Lithium and Energy Corp. (TSXV: LIT | OTCQB: PNXLF), in an interview with InvestorIntel’s CEO Tracy Weslosky discuss Argentinian lithium and the company’s prolific team. Rather than coming from hard rock, Argentinian lithium is found in salt lakes, which is easier and cheaper to extract from, providing a competitive edge. Niko highlights two team members: Joe Grosso, leader of the Grosso Group with an extensive knowledge of the lithium scene, and Dr Daniel Galli who has a Ph.D in thermodynamics.
Tracy Weslosky: Niko, Argentina Lithium & Energy is a new story for us at InvestorIntel – can you tell us more?
Niko Cacos: Argentina Lithium is a new story not just at InvestorIntel. It’s a new story right now in the market, but we’re not new to Argentina into lithium.
Tracy Weslosky: We all follow lithium. Why Argentina Lithium? Why there?
Niko Cacos: Argentina is in the lithium triangle, which produces half of the world’s lithium and most of that comes from Chile. Argentina, underexplored country, has humongous potential to be the largest producer.
Tracy Weslosky: I was reading about the lithium triangle, which you just referenced. Is the lithium better there, can you explain that for some of us investors?
Niko Cacos: Lithium is lithium, but the form that it’s found in, it’s found in like these dried up salt lakes, salars or brines, which is very different than getting lithium out of hard rock. It’s much cheaper, much more effective.
Tracy Weslosky: I was reviewing your PowerPoint and you certainly seem to have a competitive advantage with your people. It looks like you’ve amassed a really stellar team. Can you give us a little bit more about who they are?
Niko Cacos: There’s two layers that are really important on our team. Joe Grosso and the Grosso Group. We have 24 years of continuous experience in Argentina. This year Joe Grosso, the leader of the group, was inducted in the Argentine Mining Hall of Fame. We know how to deal with Argentina at all levels, governments, vendors, regulators, everything.
Tracy Weslosky: I also noticed on your team that you seem to have a technology expert. Do you have an interesting extraction technology – tell us a little bit more about this gentleman?
Niko Cacos: We have Dr. Daniel Galli. Dr. Galli is a professor of thermodynamics at the University Jujuy in Argentina. He also has his own patents that have put other lithium mines into production…to access the complete interview, click here
Disclaimer: Argentina Lithium and Energy Corp. is an advertorial member of InvestorIntel Corp.