Altamin has announced a new partnership through a memorandum of understanding (MOU) with IREN, a leading multi-utility company in Italy. This collaboration aims to explore and potentially develop the Lazio Geothermal Lithium Project, focusing on the production of critical raw materials.
Under the terms of the MOU, Altamin will lead the development of the project, leveraging IREN’s expertise in operations, regulatory affairs, and public relations. Both entities will collaborate to find offtake partners for lithium produced at the Lazio Project and work together to secure financing for the project’s advancement.
The development process outlined in the MOU includes Altamin conducting preliminary analyses and scoping studies to estimate the presence of lithium and other minerals. With Altamin’s support, IREN will pursue financing options to further the project’s progression. 
