Chile’s Corfo agency preps lithium contracts ahead of SQM-Codelco deal
SQM and Codelco are expected to finalize a lithium partnership this year.
SQM and Codelco are expected to finalize a lithium partnership this year.
The record-high loan to Lithium Americas, finalized in 2024, would have provided most of the capital for the construction of a processing plant.
Leo is also facing automatic delisting from the ASX on Sept. 22, after nearly two years of suspended trading.
Bandeira is now projected to deliver a post-tax net present value of $1.45 billion instead of the $1.31 billion.
The company is progressing its project Lonestar Lithium in the Smackover with its near completed demonstration plant.
The companies intend to form a joint venture on the Nevada North lithium project, with a 77% interest held by Surge and 23% by Evolution.
Barroso is considered Europe’s largest spodumene deposit.
The National Mining Agency has 20 days to assess current permits and will not issue new ones until consultations are carried out.
With the lithium price and supply situation set to return to its pre-August levels, Western lithium producers would still have to face an oversupplied market.
The new US-listed vehicle would have direct US capital exposure to what Jindalee calls the "largest lithium resource" in the country in McDermitt.
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