Lithium Power announces potential Mitsui alliance for Chile project

Joint venture (JV) company Minera Salar Blanco (MSB) is weighing a partnership with Japanese conglomerate Mitsui & Co to further its Maricunga project, in northern Chile.

MSB, which is controlled by Australia-listed Lithium Power International, on Tuesday announced a nonbinding memorandum of understanding (MoU) with Mitsui to set up an alliance to develop the first, 15 000-t/y stage of the lithium carbonate project.