Monday 25 September 2017

Maddocks has advised Kidman Resources on its agreement with one of the world’s leading lithium producers, Sociedad Quimica y Minera de Chile S.A, to establish a 50:50 joint venture to develop and operate the Mt Holland Lithium Project in Western Australia.

Under the joint venture finalised this month, the two companies will build a mine and concentrator at the Mt Holland site and will eventually look to develop a refinery.

Kidman Resources will have an option to hold up to a 50 percent share of the lithium produced and will also hold the rights to Mt Holland’s gold resources.

Maddocks’ team on the matter was led by partners Cath Debreceny and Ron Smooker and included senior associate Amanda Jones and lawyer Sharee Darwinkel.