Albemarle gets exclusive lithium exploration rights in Argentina
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Albemarle gets exclusive lithium exploration rights in Argentina

7:09 AM, 13th September 2016
Albemarle gets exclusive lithium exploration rights in Argentina

CHARLOTTE, US: Albemarle Corporation has entered into an agreement with Bolland Minera SA, for the exclusive exploration and acquisition rights to a lithium resource in Antofalla, within the Catamarca province of Argentina. Albemarle believes that this lithium resource will be certified as the largest lithium resource in Argentina.

“For the past 80 years, we have developed proprietary lithium extraction know-how which will enable us to evaluate the lithium resource,” said John Mitchell, president, lithium and advanced materials, global business unit, Albemarle.

The company is uniquely positioned to develop the Antofalla lithium resource given its technical capabilities, operational experience in South America, and proven track record of establishing public-private-partnerships and community relations in the region, it said.

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