Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Production / Operations Routine +

NOA Engages Hatch To Lead Process Development Study To Support Upcoming PFS At Rio Grande Project

NOA Lithium Advances Rio Grande PFS Pathway with Hatch Engagement Amidst Steady Capital Deployment

Executive Summary
  • NOA Lithium Brines Inc. has appointed Hatch Limited to conduct a Process Development Study for its flagship Rio Grande Project in Argentina.
  • The study aims to evaluate replacing traditional evaporation pond flowsheets with Direct Lithium Extraction (DLE) technology.
  • Findings are expected in Q3 2026 and will support the upcoming Preliminary Feasibility Study (PFS).
  • This follows a mobilization of exploration drilling in April 2026 to refine hydrogeological models for the PFS.
  • Management views this as a critical step to refine the development pathway ahead of feasibility completion by end-2026.
Material Impact
  • The engagement is an expected operational milestone within the previously announced roadmap (PEA completed Oct 2025, PFS targeted end-2026).
  • It does not introduce new economic data or resource estimates that would materially alter valuation compared to the October 2025 PEA.
  • The news confirms management is adhering to timelines and securing technical expertise (Hatch) for a robust PFS design basis.
  • While positive for execution confidence, it lacks the surprise element required for a "Material - Positive" rating as investors were already anticipating this study phase.
NOAL · Price
Company Overview
  • Flagship Asset: Rio Grande Project located in Salta Province, Argentina (Lithium Triangle).
  • Resource Estimate: Approximately 4.7 million tons of lithium carbonate equivalent (LCE) with average concentration of 525 mg/L.
  • Production Plan: Two stages of 20,000 tpa lithium carbonate (total 40,000 tpa capacity).
  • Technology Options: Evaporation ponds, Direct Lithium Extraction (DLE), and Lithium Chloride production assessments.
  • Ownership: NOA holds 100% ownership of all claims within the Rio Grande project.
  • Other Assets: Arizaro and Salinas Grandes properties are in early exploration stages with partnership plans for 2026.
Read the original news release →

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