Russia's Rosatom may purchase controlling stake in lithium project in Chile

Wealth Minerals

15/10/2019 12:00

MOSCOW, Oct 15 (Reuters) - Uranium One Group, a subsidiary
of Russia's state nuclear company Rosatom, may purchase a
controlling stake in a lithium project in Chile from
Canada-listed Wealth Minerals Ltd  WML.V , Wealth Minerals said
in a statement on Tuesday.
    Wealth Minerals signed a strategic memorandum of
understanding with Uranium One which provides for the
acquisition by Uranium One of up to a 51% ownership interest in
Wealth Minerals's Atacama lithium project in northern Chile, it
added.
    

 (Reporting by Polina Devitt; editing by Louise Heavens)
 ((Polina.Devitt@thomsonreuters.com; +7 495 775 12 42; Reuters
Messaging: polina.devitt.reuters.com@reuters.net))