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Chinese and Canadian firms seal Argentina lithium partnership

Mon, 11/05/2018 - 00:00 -- John Shepherd
The Cauchari-Olaroz project. Photo: Lithium Americas

China's largest lithium compounds producer, Ganfeng Lithium, and Canada’s Lithium Americas (LA) have finalised a deal to develop and operate Argentina’s Cauchari-Olaroz lithium brine project.

Ganfeng has acquired a 37.5% interest in Minera Exar, the holding company for Cauchari-Olaroz, from Chilean mining firm Sociedad Quimica y Minera de Chile (SQM). LA will hold the remaining 62.5%. 

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