- Wealth Minerals and thyssenkrupp Mining Technologies are partnering to develop Wealth Minerals’ Ollagüe Salar Lithium exploration project in Chile
- The goal is to establish the project as a leading benchmark of green mining in lithium brine resource development
- thyssenkrupp Mining Technologies supplies a full range of machinery, systems, equipment and services
- Wealth Minerals is a mineral resource company with interests in Canada and Chile
- Wealth Minerals Ltd. opened trading at $0.345 per share
Wealth Minerals (WML) and thyssenkrupp Mining Technologies are partnering to develop Wealth Minerals’ Ollagüe Salar Lithium project in Chile.
Wealth Minerals and thyssenkrupp Mining Technologies will collaborate to identify, evaluate and select the most beneficial and environmentally sustainable processing technology for lithium extraction and purification treatment for the Ollagüe Project.
The companies will also develop the Ollagüe Project from the exploration stage to the commercial production of high-purity lithium products.
They will also define new standards in green mining and foster the involvement of local communities in Chile.
The end goal of the partnership is to establish the project as a leading benchmark of green mining in lithium brine resource development.
“Building on our historically strong mining and engineering experience we will set a new standard in green mining with this partnership,” said Jan Lüder, CEO of thyssenkrupp Mining Technologies.
“When choosing a strategic partner, it was particularly important to us that it is an industry partner with a strong technical background and rich expertise in engineering,” stated Henk van Alphen, CEO at Wealth Minerals.
thyssenkrupp Mining Technologies supplies a full range of machinery, systems, equipment and services for the extraction, processing, storage and transportation of raw materials.
The Ollagüe Project consists of 8,000 hectares located in northern Chile, Region II, near the Chile-Bolivia border and approximately 200km due north from Atacama.
Wealth Minerals is a mineral resource company with interests in Canada and Chile.
Wealth Minerals Ltd. opened trading at $0.345 per share.