Clayton Utz advises on $400m lithium processing plant

The plant is expected to support the growth of the Greenbushes mine which currently produces 30% of the world’s lithium concentrate supply.

Clayton Utz advises on $400m lithium processing plant
Clayton Utz advised Tianqi Lithium Australia, a subsidiary of China-based Tianqi Lithium Corporation, on its $400 million lithium processing plant in Kwinana, Western Australia.
 
Corporate partner Brett Cohen led the Clayton Utz team on the matter, supported by Major Projects and Construction partner Stephen Boyle and special counsels Scott Girdler and Donna Charlesworth.
 
The team advised Tianqi Lithium Australia on all aspects of the matter, including land tenure and construction contracts.
 
The Kiwana plant, expected to boost Tianqi Lithium Corporation’s processing capacity by more than 50%, is expected to be opened late 2018.
 
Tianqi Lithium Corporation is a major shareholder of Greenbushes mine in Western Australia, which currently produces 30% of the world's lithium concentrate supply.
 
The Kwinana plant is expected to support the growth of Greenbushes, sourcing lithium concentrate to produce 24,000 tonnes of lithium hydroxide per annum for use in in the growing market for new energy products such as lithium batteries.
 
The Kwinana plant received final regulatory approvals last month and construction is scheduled to commence in coming weeks.
 

Related stories:
HSF, Clayton Utz act in financing for large US-listed firm acquisition
Clayton Utz partner joins Bravehearts Board
 

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