- Binding option agreement allows Latin Resources exclusive access to a patented spodumene to lithium carbonate technology developed by the National University of Cuyo (UnCuyo) in Mendoza, Argentina.
- The agreement gives Latin Resources the exclusive rights to the use and commercial exploitation of the patented technology in Argentina, Australia, China, Canada and the USA.
- The patented technology, will potentially allow Latin Resources the opportunity in its own right to develop its large scale hard rock spodumene pegmatite projects in Argentina into lithium carbonate production.
Latin Resources Limited (ASX:LRS) (“Latin” or “the Company”) is very pleased to announce that it has secured the first option to acquire on an exclusive basis the license of the patented technology from the University of Cuyo (UnCuyo) in Mendoza Argentina for commercial use and exploitation in Argentina, Australia, China, Canada and the USA ("Agreement").
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