Rosatom subsidiary eyes lithium investment in Chile

Rosatom subsidiary eyes lithium investment in Chile

M&A Project & Infrastructure Finance Chile Canada Russia

Uranium One Group, a subsidiary of Russia's state-owned nuclear energy company Rosatom, could buy up to 51% of a lithium project in northern Chile from the Canadian mining company Wealth Minerals. Uranium One and Wealth have signed a memorandum of understanding and are still discussing the commercial terms of the deal. If they come to an agreement, Uranium One will have the rights to buy all the lithium produced at the site, Wealth Minerals said in a press release. The 46,200-acre site sits in t

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial