Good News For Advantage Lithium
The rise in demand for lithium batteries spells good news for Advantage Lithium.
Advantage Lithium is a lithium explorer and developer with an international portfolio of quality assets.
The company has established a partnership with Orocobre to develop the Cauchari asset in Argentina. This asset hosts an inferred resource and includes a large exploration target.
The Partnership with Orocobre
Orocobre is one of the Argentina’s leading lithium producers. And the partnership with Advantage Lithium is not restricted to the flagship asset, Cauchari.
Orocobre is also the largest single shareholder, owning just over 31% of the company (with a share lock up in place).
Richard Seville, CEO of Orocobre, sits on the Board of Directors, as does Miguel Peral, the geologist who led the drill programs for Orocobre’s Olaroz project, which is now in production.
The Olaroz lithium brine production facility lies just 10 km from the Cauchari asset.
The company’s team has a track record of making discoveries and building companies. Launched in July 2016, the company has hit a series of major milestones in a very short length of time.
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