Albemarle gets exclusive lithium exploration rights in Argentina
X
Waste Management Expo 2020 MAR 12&13 BIEC, Bengaluru, India

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.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


BioAmber closes $19.2 million corporate loan

MONTREAL, CANADA: BioAmber Inc has closed on a $19.2 million (CDN $25 million) loan from Bridging Finance Inc, acting as sub-advisor to the Sprott Bri ...

Read more
Ashland launches 30 million share Valvoline IPO

COVINGTON, US: Ashland Inc launched the Valvoline Inc initial public offering of 30,000,000 shares of Valvoline’s common stock. Valvoline has ap ...

Read more
Linde shareholders recommend to terminate merger talks with Praxair

MUNICH, GERMANY: Linde AG announced that its shareholder representatives with a general agreement with the CEO of the company have recommended the man ...

Read more
Henkel successfully places €2.2 billion bonds

DUSSELDORF, GERMANY: Henkel AG has successfully placed bonds with a value of €2.2 billion. The proceeds will be used to refinance the short-term ...

Read more
Shell starts oil production in the Gulf of Mexico

THE HAGUE, NETHERLANDS: Royal Dutch Shell plc said that it has started production at its Stones development in the Gulf of Mexico. Stones is expected ...

Read more
LyondellBasell to build new high density PE plant at Texas site

HOUSTON, US/LONDON, UK: LyondellBasell has selected its La Porte, Texas, manufacturing complex as the site for a new high density polyethyle ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X