SQM (NYSE: SQM), the world’s second largest lithium producer, has signed an earn-in agreement with Talga Group(ASX: TLG), a company specializing in battery anode and advanced materials, to jointly advance the Aero lithium project in northern Sweden Under this agreement, the Chilean lithium miner can earn up to a 70% interest in Aero by funding up to $19 million in exploration spending over a seven-year period
Talga will maintain all rights and obligations over graphite minerals at Aero and will receive a management fee for each stage of the earn-in deal
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Source and Credit: mining.com
