Crusader joins the lithium hunt in Brazil

February 4, 2016

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Junior explorer Crusader Resources has signed a memorandum of understanding (MoU) with Lepidico to establish a joint venture (JV) to hunt for lithium projects in Brazil.

The JV would operate on a 50/50 basis and would have exclusive rights in Brazil to Lepidico’s L-Max technology, which in addition to lithium, also generates sulphade of potash as a saleable by-product.

Category: General