Wealth Minerals signs MoU with U1G for Atacama lithium project

By IM Staff
Published: Tuesday, 15 October 2019

Uranium One Group is looking to take a stake of as much as 51% in Wealth Minerals' lithium project in Chile's Atacama region, which would include an offtake agreement for all of the output.

Wealth Minerals Ltd has signed a strategic memorandum of understanding (MoU) with Uranium One Group (U1G), under the terms of which U1G could take a majority stake in its Atacama lithium project. 

The project is located in the Atacama Salar in Region II of Antofagasta, northern Chile. The agreement could...

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