Koch Industries to support Compass Minerals’ Utah lithium project with USD252 million investment
The investment will be used to set up a direct lithium extraction and lithium conversion plant in Ogden, Utah
US mining company Compass Minerals announced via press release on 14 September that Koch Minerals & Trading, LLC (KM&T), a subsidiary of Koch Industries, Inc., had agreed to invest USD252 million to support the Phase-1 development of its 2.4-million-ton lithium carbonate equivalent (LCE) Great Salt Lake brine project in Utah, U.S.
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