 Neo Lithium Corp has unveiled a positive definitive feasibility study on the production of lithium carbonate from its 3Q project in Argentina, which showed an after-tax net present value NPV of US1.129 billion, along with low pre-production capital and operating costs. As reported on October 11 this year, Neo Lithium struck a deal with Chinese mining titan Zijin Mining Group, which will see the latter buy the firm and the project for a total of US960 million. 