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St George teams up with world’s leading lithium-ion battery producer

St George teams up with world’s leading lithium-ion battery producer

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.