Kidman-SQM lithium development could cost circa US$600M

KIDMAN Resources’ ambition to build an integrated lithium hydroxide operation with its 50:50 partner Chilean lithium heavyweight SQM will cost it in the order of US$300 million.

Kidman-SQM lithium development could cost circa US$600M Kidman-SQM lithium development could cost circa US$600M Kidman-SQM lithium development could cost circa US$600M Kidman-SQM lithium development could cost circa US$600M Kidman-SQM lithium development could cost circa US$600M

Kidman likes the look of the numbers for integrated hydroxide development

Scoping work also suggests average annual earnings of $234 million for Kidman (on an EBITDA basis), with the project estimated to have an overall net present value of $2.