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Lithium demand is expected to grow thanks to use in batteries and electric cars.

Lithium Australia, Poseidon in MOU

Poseidon Nickel has secured its fourth memorandum of understanding to develop the Lake Johnston nickel project, with today’s move to explore for lithium with Lithium Australia.

It follows similar agreements with Northern Star Resources, Aphrodite Gold and Empire Resources.

Poseidon and Lithium Australia will undertake a joint exploration program at Lake Johnston (Goldfields) and at Ravensthorpe, a nickel mine in the state’s South West.

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