ASX:WESMultiline Retail
What Wesfarmers (ASX:WES)'s Mt Holland Lithium Expansion Decision Means For Shareholders
Sociedad Química y Minera de Chile and Wesfarmers have approved a major expansion of the Mt Holland lithium project, aiming to double annual spodumene concentrate output to about 760,000 tonnes at 5.5% Li2O, supported by a new concentrator and integrated ore sorting facility, with construction of the second concentrator targeted to start in the second half of 2027.
The joint venture’s decision, backed by a completed definitive feasibility study and key regulatory approvals, underlines how...