After South Australia struck a historic deal with energy entrepreneur Elon Musk, WA is set to follow the neighbour’s footsteps by announcing the lithium joint venture investment.
Chilean company Sociedad Química Minera De Chile (SQM) and Kidman Resources has reached a landmark agreement to build a 50:50 joint lithium project in Mount Holland.
As a result, a downstream lithium refinery will be built in WA, creating 200 full time jobs plus another 180 plant construction jobs.
The mine site will also create 200 full time jobs during its operation, along with 200 construction jobs.
WA Mines and Petroleum Minister Bill Johnston welcomed the agreement on behalf of the state government.
“SQM is a world leader in lithium and chemical production, and we look forward to the expertise and skills they will bring to our state,” Mr Johnston said.
“The McGowan Government is committed to supporting WA’s mining sector and creating jobs.”