Plymouth Minerals
(ASX:PLH) has just signed an agreement with a major Chinese lithium producer.
The exploration and development company, enters an alliance with Shandong Ruifu of China, in relation to San Jose Lithium-Tin project.
The Chinese lithium carbonate producer, brings to the table strong history and expertise in lithium production source from both mica and spodumene feedstock.
The alliance comes as Plymouth approaches the imminent lodgment for the Mining License application at San Jose and transfer of an initial 50% interest in the project from Valoriza Minoria of Spain.
Shares in Plymouth Minerals
(ASX:PLH) are trading 8.11 per cent higher at $0.20.