{"id":208733,"date":"2024-11-22T15:53:58","date_gmt":"2024-11-22T19:53:58","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/itech-minerals-and-sqm-to-develop-reynolds-range-lithium-project-in-australia\/"},"modified":"2024-11-22T16:24:38","modified_gmt":"2024-11-22T20:24:38","slug":"itech-minerals-and-sqm-to-develop-reynolds-range-lithium-project-in-australia","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/itech-minerals-and-sqm-to-develop-reynolds-range-lithium-project-in-australia\/","title":{"rendered":"iTech Minerals and SQM to develop Reynolds Range lithium project in Australia"},"content":{"rendered":"\n<p><strong>iTech Minerals<\/strong> has announced a partnership with SQM Australia, a subsidiary of <strong>Sociedad Qu\u00edmica y Minera de Chile<\/strong> ( <em>SQM<\/em> ), for the development of the <strong>Reynolds Range lithium project<\/strong> in the Northern Territory, Australia. This agreement seeks to leverage the Chilean company&#8217;s experience and global leadership in lithium technology and financing, optimizing the potential of this new discovery. <\/p>\n\n<h2 class=\"wp-block-heading\">The Reynolds Range lithium project<\/h2>\n\n<p>The project is focused on a <strong>lithium pegmatite formation<\/strong> , with samples reaching up to 8% Li2O, representing a valuable resource for the battery and renewable technology market. SQM will provide its technical expertise and manage initial operations, while iTech will retain the rights to other minerals, such as copper and gold, to further develop its potential in the region. <\/p>\n\n<p>This agreement includes a progressive investment commitment, in which <strong><a href=\"https:\/\/inspenet.com\/en\/news\/sqm-and-water-treatment-project\/\" data-type=\"post\" data-id=\"140105\">SQM<\/a> will acquire an initial 30% stake<\/strong> , after investing 2 million Australian dollars. In addition, it may increase its stake to 70% by meeting specific goals, such as making a total investment of 15 million Australian dollars and defining resources in accordance with the JORC standard. <\/p>\n\n<p>The <strong>Reynolds Range project<\/strong> strengthens Australia\u2019s presence in the global lithium market, taking advantage of the exponential growth in demand for electric vehicle batteries and energy storage.<\/p>\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Exploration Update: iTech and SQM partner to Develop Reynolds Range Lithium Project\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/TUps_aIFQD4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n<p><\/p>\n\n<p class=\"has-text-align-center\">The development of the Reynolds Range lithium extraction project. Source: iTech Minerals <\/p>\n\n<p><strong>Follow us on social media and don&#8217;t miss any of our posts!<\/strong><\/p>\n\n<p><a href=\"https:\/\/www.youtube.com\/@inspenet\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a> <a href=\"https:\/\/www.linkedin.com\/company\/inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">LinkedIn<\/a> <a href=\"https:\/\/www.facebook.com\/inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a> <a href=\"https:\/\/www.instagram.com\/inspenet\/\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a> <a href=\"https:\/\/x.com\/Inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">X<\/a> <a href=\"https:\/\/www.tiktok.com\/@inspenet?_t=8qqIL6dRGNR&amp;_r=1\" target=\"_blank\" rel=\"noreferrer noopener\">TikTok<\/a><\/p>\n\n<p><strong>Source and photo:<\/strong> <strong><a href=\"https:\/\/www.itechminerals.com.au\/investorarticles\/itech-partners-with-sqm-to-develop-reynolds-range-lithium\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.itechminerals.com.au\/investorarticles\/itech-partners-with-sqm-to-develop-reynolds-range-lithium\/\" rel=\"noreferrer noopener nofollow\">iTech<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This strategic collaboration seeks to optimize resources and ensure the success of the Reynolds Range through a joint technical committee with representatives from both companies.<\/p>\n","protected":false},"author":8404,"featured_media":208692,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13030,13060],"etiqueta_noticias":[],"class_list":["post-208733","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-industry","categoria_noticias-mining"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/208733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8404"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=208733"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/208733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/208692"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=208733"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=208733"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=208733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}