Alliance Mineral Assets signs lithium rights JV with Lithco

Singapore

AUSTRALIAN miner Alliance Mineral Assets has entered into a lithium rights joint-venture (JV) agreement with Lithco, a unit of Australia-listed Tawana Resources, furthering a farm-in agreement that both parties signed in February.

The latest agreement outlines the terms and conditions in which the JV will conduct the exploration and, if warranted, mining operations of lithium rights at the Bald Hill tenements in Western Australia.