Pam Signs Formal Documentation to Acquire 100% Interest in 1200km2 Tama Atacama Lithium Brine Project
Pam, a leading global energy and resources company, has signed formal documentation to acquire a 100% interest in the 1200km2 Tama Atacama Lithium Brine Project in Chile. The project is located in the Atacama Desert, one of the world’s most prolific lithium-producing regions.
The Tama Atacama Lithium Brine Project is a large-scale, high-grade lithium brine project with an estimated resource of over 1.2 million tonnes of lithium carbonate equivalent (LCE). The project is located in the Atacama Desert, which is known for its high-grade lithium brines and is home to some of the world’s largest lithium producers.
The project is expected to produce high-grade lithium carbonate, which is used in the production of lithium-ion batteries for electric vehicles and other applications. The project is expected to produce up to 10,000 tonnes of lithium carbonate per year, making it one of the largest lithium producers in the world.
Pam’s acquisition of the Tama Atacama Lithium Brine Project is part of its strategy to become a major player in the global lithium market. The company has already invested in several lithium projects in Chile, Argentina, and Bolivia, and is now looking to expand its presence in the Atacama Desert.
The acquisition of the Tama Atacama Lithium Brine Project is a major milestone for Pam and is expected to significantly increase the company’s production capacity. The project is expected to be operational by 2021 and will provide a reliable source of high-grade lithium for the global market.
Pam’s acquisition of the Tama Atacama Lithium Brine Project is a major step forward for the company and is expected to have a positive impact on the global lithium market. The project is expected to provide a reliable source of high-grade lithium for the global market and will help to meet the growing demand for lithium-ion batteries.