According to Mining News Pro - Minera Salar Blanco has obtained the required environmental permits for the Maricunga lithium project in Chile.

MSB, owned by Lithium Power International and Bearing Lithium together with a holding company of Chilean investors, will invest $500mn with production plans of 20,000 tonnes of lithium carbonate equivalent and 74,000 tonnes of potassium chloride annually during the 20-year useful life of the mine.

Maricunga is the first lithium production project outside the Salar de Atacama, where Chile`s largest lithium production is concentrated.