Poseidon and Lithium Australia team up on lithium

ASX-listed Poseidon Nickel and fellow-listed Lithium Australia have inked a lithium exploration and processing memorandum of understanding (MoU) over the Lake Johnston project, in Western Australia. The parties are planning to explore for lithium-hosted pegmatites on tenements held by both firms at Lake Johnston and Ravensthorpe, with the combined tenement package covering some 1 000 km2.