Chile's SQM board approves investment in Mt Holland lithium project
Published: Wednesday, 17 February 2021
The board of Chilean lithium producer Sociedad Quimica y Minera (SQM) has approved the company’s investment in the Mount Holland lithium project in Western Australia, it said on Wednesday February 17.
The project is a 50/50 joint venture with Australian
industrial group Wesfarmers.
The project is expected to deliver an initial production
capacity of 50,000 tonnes per year of battery-grade lithium
hydroxide when it starts production in the second half of 2024.
Should all the necessary permits be approved,