SQM and Lithium Americas announce Argentinian JV
Published: Tuesday, 29 March 2016
SQM’s backing of the Cauchari Olaroz project marks the first explicit supporting of a junior by a senior market player in the lithium business and SQM’s first move into lithium production beyond the Chilean border. Its stamp of approval will be welcomed by Lithium Americas, as juniors jostle to prove the viability of their projects amid a crowded field.
Chile’s Sociedad de Quimica y Minera SA (SQM) and
TSX-listed Lithium Americas Corp. have entered into a 50:50
joint venture (JV) agreement to develop the Cauchari Olaroz
lithium project in northern Argentina.