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Maricunga Lithium Resource Expansion and Finance Activities Update

Maricunga Lithium Resource Expansion and Finance Activities Update
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Minera Salar Blanco, Mitsui enter strategic alliance

12 May 2021 (Last Updated May 12th, 2021 15:26) MSB and Mitsui signed a memorandum of understanding (MoU) to develop the Maricunga lithium project in Chile. Share Article Minera Salar Blanco (MSB) has formed an alliance with Japan’s Mitsui for the development of the Maricunga lithium project in Chile. According to the non-binding memorandum of understanding (MoU), MSB and Mitsui intend to set up an alliance that includes potential offtake and funding rights for the first stage of the Maricunga lithium project. The strategic alliance may also include potential participation, offtake and funding rights for future expansion of the project and collaboration for new lithium projects in Chile.

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Minera Salar Blanco acuerda alianza estratégica con Mitsui

Minera Salar Blanco acuerda alianza estratégica con Mitsui
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Minera Salar Blanco, Agrees Strategic Alliance with Mitsui for the Development of Maricunga and Future Developments in Chile

“Bearing” or the “Company”) (TSX Venture: BRZ) (OTCQB:BLILF) is pleased to provide an update as announced by Minera Salar Blanco (“MSB”). MSB is pleased to announce that it has entered into a non-binding Memorandum of Understanding (the “MOU”) with the Japanese conglomerate Mitsui & Co., Ltd., (“Mitsui”) to set up a strategic alliance to advance the development of the Maricunga project (the “Project”). The MOU intends to create a partnership of the Project. The MOU also addresses the development of the Chilean lithium industry, by partnering to introduce other leading edge efficient and environmentally friendly technologies for processing. The strategic alliance includes potential off-take and funding rights for the Stage One of the Project; po

United statesIii regionUnited kingdomBritish columbiaCristobal garcia huidobroGil playfordLithium power internationalBearing lithium corpMitsui coVenture exchangeRegulation services providerMitsui co ltdBearing lithiumMinera salar blancoStage oneTake rights

Minera Salar Blanco, Agrees Strategic Alliance with Mitsui for the Development of Maricunga and

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United statesIii regionUnited kingdomBritish columbiaCristobal garcia huidobroGil playfordLithium power internationalBearing lithium corpMitsui coVenture exchangeRegulation services providerMitsui co ltdMinera salar blancoStage oneTake rightsFuture expansions