The applicant does not present the details necessary to rule out significant adverse impacts on the soil, water and air.
The results follow a comprehensive ground mapping and sampling field program this summer.
AJN Resources says Salt Wells presents all the characteristics of the best lithium brines in the world.
The pair aim to eventually produce lithium on a mass scale from brine that is a byproduct of bromine production
The deal will see Altura supply Ganfeng with 8,000 tonnes of 6-percent spodumene concentrate this year and a minimum of 70,000 tonnes per year from 2019 to 2021.
Lithium sales rose less than 1% as production slipped due to unexpected shut downs at three of our lithium manufacturing sites - Albemarle
Albemarle says it expects to ultimately receive approval to produce more lithium from Chilean Nuclear Energy Commission (CCHEN).
The company says its technology is capable of extracting lithium and other elements very quickly from petrolithium and other brine sources, reducing the physical footprint of large, multi-phase, lake-sized, lined evaporation ponds.
The project sits atop the Incahuasi Salar and it is located on the Chile/Argentina national border some 75 kilometres southeast from the Atacama Salar.