Chilean lithium project moves on in Maricunga

By Olivia Minnock
Minera Salar Blanco has obtained the required environmental permits for the Maricunga lithium project in Chile. MSB, owned by Lithium Power Internatio...

Minera Salar Blanco has obtained the required environmental permits for the Maricunga lithium project in Chile.

MSB, owned by Lithium Power International and Bearing Lithium together with a holding company of Chilean investors, will invest $500mn with production plans of 20,000 tonnes of lithium carbonate equivalent and 74,000 tonnes of potassium chloride annually during the 20-year useful life of the mine.

Maricunga is the first lithium production project outside the Salar de Atacama, where Chile's largest lithium production is concentrated.

See also: 

Chile's Zaldivar mine to operate with 100% renewable energy 

Chile mining sector to see $60bn in investment over the next decade  

Read the latest issue of Mining Global magazine  

Cristóbal García-Huidobro, General Manager of MSB, commented that the environmental report submitted for approval passed the legal requirements of Chile's environmental approval system and that the additional hydrological and hydrogeological models that had been carried out contributed to the study of feasibility in progress, carried out by Worley Parsons.

MSB expects to obtain full approval by the end of next year, when the company will decide whether to move ahead with construction.

Share

Featured Articles

Rio Tinto trials renewable diesel at U.S. operations

Rio Tinto is progressing plans to swap conventional diesel for renewable fuel in haul trucks at its U.S. operations

Kenorland and Targa agree deal for Canada lithium projects

Agreement will see Targa acquire 100% interest and up to 844 mining claims for the Opinaca Lithium Project, and rights to two MEL applications

Mincor raises AU$60 million for development and exploration

Firm to spread capital raising across development of Northern Operations, and for exploration and resource definition drilling at Cassini Operation

Startup Arkon Energy pours $28m into Bitcoin mining

Digital Mining

KSA’s SWCC signs agreements for brine mining projects

Supply Chain & Operations

Glencore to pay over £275mn over Africa mining oil bribes

Supply Chain & Operations