TORONTO, ONTARIO--(Marketwire - June 14, 2012) - Lithium Americas Corp. (LAC.TO)(LHMAF) ("Lithium Americas" or the "Company"), is extremely pleased to announce that it will release the results of the definitive Feasibility Study ("DFS") prepared by ARA WorleyParsons for its Cauchari-Olaroz lithium/potash project on Monday June 18, 2012 and has scheduled a conference call to discuss the DFS at 10:00 a.m. Eastern Standard Time (EST) that day.
The Cauchari-Olaroz project is one of the largest and most advanced lithium brine projects in the world. The Company has methodically driven the project from discovery to DFS in less than three years, achieving every milestone set forth on time and on budget. Lithium Americas has assembled an experienced on the ground team of engineers, constructed the largest pilot scale testing and production facility in the region, and has adhered to and satisfied all the required permitting and environmental requirements to date, supporting the continued development of the Cauchari-Olaroz project.
Dr. Waldo Perez, President and CEO, and Tom Hodgson, Executive Chairman of Lithium Americas will host the call, and invite analysts and investors to participate.
Date: Monday, June 18, 2012
Time: 10:00 a.m. Eastern Standard Time
Dial in Number: 1-888-219-1217 or 1-913-312-0863
Taped Replay: 1-877-870-5176 or 1-858-384-5517
Taped Replay Pass Code: 1453010
About the Company
Lithium Americas is developing one of the world's largest and lowest cost lithium operations. The Company has defined the world's third largest lithium brine resource, and a completed Preliminary Economic Assessment indentified that Lithium Americas' operating cost per tonne of lithium carbonate is expected to be one of the lowest in the industry. Mitsubishi Corporation and Magna International are shareholders in the Company, in addition to both companies having off-take arrangements with Lithium Americas.