Centenario Phase 1 is designed to extract and produce 24,000 metric tons per year (m.t./yr) of battery-grade lithium carbonate at full capacity, and is anticipated to be be positioned in the 1 st quartile of the lithium industry cost-curve. The project was developed according to the most stringent standards of sustainable mining, according to Eramet's Act for Positive Mining roadmap. As s part of this roadmap, Eramet has committed to subjecting all its mining operations to an independent audit process based on the IRMA (Initiative for Responsible Mining Assurance) standard. It is the first international standard for the mining sector with a global approach, including environmental, social and governance aspects of mining operations. By engaging stakeholders from various sectors, including communities, NGOs and industry experts, IRMA ensures a holistic perspective that addresses diverse concerns and promotes transparency throughout the mining supply chain.