Advised LSC in its ~US$ 6.9 million 40:60 joint venture with Litica Resources, a wholly owned subsidiary of leading Oil & Gas company Pluspetrol, to explore and develop a lithium project in the Salar de Arizaro, Province of Salta.
This iconic deal represents the entrance of Oil & Gas companies into the lithium business.
Based in Pluspetrol’s track record of success in the oil & gas industry, one of the principle objectives of the Joint Venture is to lever the technical experience of Pluspetrol and apply it to the lithium industry to successfully advance the Arizaro Project.