Skip to content

Lithium Chile and Eramet Forge Partnership to Advance Lithium Exploration in Chile

Lithium Chile Inc. (TSXV:LITH) (OTC:LTMCF) and Eramet have formed a Farm-In agreement to expedite exploration on four Chilean properties.

Lithium Chile Eramet Partnership Highlights

Eramet, globally acclaimed in metal extraction, joins forces with Lithium Chile to explore Llamara, Aguilar, Rio Salado, and Aquas Caliente sites, covering over 40,000 hectares. This collaboration aims to harness Eramet’s expertise for significant mineral development.

Exploration Agreement Details

Eramet commits to a multi-phase exploration program estimated at ~USD $20 million. Success in the venture allows Eramet an option for up to 100% equity by phase 3’s end, with Lithium Chile earning a pre-decided Success Bonus upon reaching Lithium Carbonate Equivalent resource targets.

About Eramet

Eramet innovates in the mineral resource sector, emphasizing sustainable and responsible solutions. With a presence in 15 countries and a diverse metal portfolio, Eramet is dedicated to a sustainable future.

About Lithium Chile

Lithium Chile boasts a significant portfolio in Chile and Argentina focused on lithium, along with gold, silver, and copper prospects. The company’s commitment extends to environmental and economic sustainability in its exploration endeavors.

The content presented on this page has not been manually verified by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.

The image is randomly selected and doesn’t necessarily represent the company or the news below.

Click here for more Company News