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Stock impact report

Enami shortlists six companies for Altoandinos lithium project in Chile [Yahoo! Finance]

POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of) (PKX) 
Company Research Source: Yahoo! Finance
The shortlisted companies will enter negotiations for a PPP to develop the lithium deposits in Chile's Altoandinos salt flats. The selected companies are BYD Chile, CNGR Advanced Material, LG Energy Solution, Eramet Chile and POSCO. In May 2024, Enami launched its search for a partner to provide either financial or operational support in exchange for an ownership stake in the Altoandinos project. Enami is primarily involved in copper processing and is now venturing into lithium production, a critical component for batteries. The Altoandinos project aims to find partners with proven expertise in the field and the financial capacity to support such a significant endeavour. The company will now commence negotiations with the final round of applicants. In a press statement, Enami said: “In addition, during this process, ENAMI will make available to the companies the technical information on the resource that is in the deposits with the knowledge collected after the exploratio Show less Read more
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