Lithium South Development Partners with POSCO on Lithium Project in Argentina

By Adriano Marchese

Lithium South Development said Thursday that it has agreed with South Korean steelmaker POSCO to collectively develop a lithium project in Argentina.

The Vancouver, British Columbia-based lithium company said it has signed a cooperative development agreement with POSCO's subsidiary, POSCO Argentina SAU, to jointly develop the Hombre North Lithium project in Salta Province.

As part of the agreement, the two companies will have a split claim on all brine produced at two of the blocks at the project.

Write to Adriano Marchese at [e-mail]

(END) Dow Jones Newswires

01-11-24 0826ET