St George Mining Ltd (ASX:SGQ) chairman John Prineas tells Proactive the company has entered into a joint venture deal with Amperex Technology Limited (ATL) – the world’s leading producer of lithium-ion batteries. ATL has agreed to invest $3 million in Lithium Star Ltd which is one of St George’s subsidiary companies, which has 100% ownership of seven prospective hardrock lithium projects in Western Australia. In addition, ATL and St George are continuing discussions to consider partnering on other lithium business opportunities.
St George teams up with world’s leading lithium-ion battery producer