SQM this week sold its 50%-share in an Argentinian brine joint venture, leaving the world’s number two producer of lithium with a single project outside its core Chilean operations.
The $12.8 billion Santiago based company can afford to let assets go – its pipeline is choc full already.
Production startup for the 40,000 tonnes per year Mt Holland project alongside Kidman Resources in Western Australia is 2020. The spodumene mine will begin producing lithium carbonate and hydroxide a year later. Continue Reading →