SMM10 22 July news: Kidman Resources Co., Ltd. (Kidman Resources Ltd.) The company will work with Chilean SQM to build the Netherlands (Mt.), the company said in a statement on Monday (Holland) the lithium mine and the construction of a refinery in Western Australia to produce lithium hydroxide is expected to generate total revenues of US $33.5 billion over the next 47 years. The project is expected to produce an average of 45254 tons of lithium hydroxide (including C1 cash costs) per year, excluding government royalties and contingency costs, at US $4487 per tonne.

Kidman and partner Sociedad Quimica y Minera de Chile SA said last month that a lawsuit could delay their project, which has been linked to Tesla (Tesla Inc.) Signed a supply agreement.

Kidman will also continue to discuss further acquisitions, with the goal of reaching a binding agreement for 75% of its production in the first few years of the project.

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