Power Minerals Limited (PMQ.F)

Summit Nanotech and Power Minerals Announce a Binding Term Sheet for a Strategic Partnership at the Salar de Incahuasi to Hasten Sustainable Lithium Mining in Argentina

Summit Nanotech ("Summit"), an award-winning sustainable lithium extraction technology company, and Power Minerals ("Power") (ASX: PNN), a mineral resources exploration company, today announced they have entered into a binding term sheet leading toward a joint venture (JV) agreement to accelerate lithium production through shared asset ownership and development at the Salar de Incahuasi in Argentina. This comes as the lithium market experiences unprecedented growth due to the increasing demand f