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.
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