Japan’s Mitsui weighs up Chile’s Maricunga Li project

A joint venture controlled by Australian firm Lithium Power International (LPI) has entered into an initial agreement with Japanese trading house Mitsui to develop the Maricunga lithium project in Chile. Mitsui and Minera Salar Blanco, which is 51pc owned by LPI, are working towards an alliance that includes offtake and funding rights for the first stage of the 15,000 t/yr Maricunga lithium project with an expected mine life of 20 years, LPI said. 

Source: Argus