Lithium Chile Inc (TSE:LITH) has released an update.
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Lithium Chile Inc. has teamed up with Eramet, a major European mining group, to accelerate the exploration of four significant properties in Chile, with a planned investment of around $20 million over the next 3-4 years. This partnership aims to utilize Eramet’s industry expertise to potentially develop over 40,000 hectares of mining tenements, enhancing Lithium Chile’s operational value. Should the exploration yield positive results, Lithium Chile could receive a Success Bonus based on the measured Lithium Carbonate Equivalent resources.
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