SQM and Wesfarmers inject US$500M each to double Mt Holland output to 760,000 tonnes of spodumene yearly from 2030, adding ore-sorting tech to recover 3M tonnes.
Chile · Business
Key Facts
—Total investment. Each partner is contributing up to US$500 million for the Mt Holland expansion.
—Output target. Production will double to 760,000 tonnes of spodumene concentrate per year from 2030.
—Joint venture. The project is owned 50/50 through Covalent Lithium, a partnership between SQM and Wesfarmers.
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