Cost is ultimately the driver of economic success.
This is why Flagship Minerals focuses on projects which are located in competitive cost environments and preferably near relevant industrial clusters.
Our portfolio of strategically well-set projects provides exposure to Copper and Lithium, the metals that matter.
We select our projects based on a well-defined strategy, whereby we seek low capital intensity projects in low-cost jurisdictions and or infrastructure rich settings, which are positioned for high margin outcomes, and projects which are proximal to industry, chemical processing, and manufacturing. We do this in a responsible manner. With the future and environment in mind, we aim to produce better outcomes. Ultimately, a project’s cost environment and geographic setting will be the key determinants of economic success, assuming positive metallurgy.
The Rosario Copper Project is located in the commune of Diego de Almagro, Chanaral Province in the Atacama region of northern Chile.
The Project is situated at ~2,500m altitude and about 10km north of the El Salvador mine (owned by CODELCO) and the town of El Salvador with a population of about 7,000.
The Tama Atacama Lithium Project distinguishes itself as one of South America’s largest and most strategically positioned lithium brine projects.
The project is set at an altitude of 800-1100m, and sits within the 12,500km2 Pampa del Tamarugal Basin, in the Atacama Desert in northern Chile
The RK Lithium Project (‘RKLP’) includes the RK Lithium Prospect (RK), the BT Lithium Prospect (RK), KT East Lithium Prospect (KT East) and the KT West Lithium Prospect under application.
Flagship Minerals retains a 100% interest in the Project.