South America-focused Wealth Minerals has entered into an nondisclosure agreement with state-owned National Mining Company of Chile (ENAMI). The parties have agreed to study hard data and development vectors of how to best cooperate to create a partnership for the exploration, development and production of lithium in Chile.
“We are very happy to work with ENAMI and continue where we left off a few years ago with that organization,” said Wealth Minerals CEO Hendrik van Alphen.
“ENAMI has new management and we are excited to associate with this dynamic team as they move forward to be a major player in the Chilean lithium industry.”
In August, Wealth said it had entered a strategic partnership with thyssenkrupp Mining Technologies for the development of its Ollagüe Salar Lithium exploration project in northern Chile.
“ENAMI has extensive experience in successfully mining and processing resources in Chile, and that know-how will be needed in developing Ollagüe and Atacama,” Van Alphen said.
“Chile is a prime mining jurisdiction, and all the pieces necessary for a successful lithium mining operation are being put in place.”
The Ollagüe Project is an exploration stage lithium brine mineral project in the highly prospective Atacama Salar.
Source: Wealth Minerals