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2 clusters · 6 sources · 1 days · First seen · Last updated
Global lithium mining corporate developments
Overview
Various lithium mining companies have reported significant corporate and operational updates. Elevra Lithium completed the sale of its interest in the Ewoyaa Lithium Project in Ghana to Zhejiang Huayou Cobalt Co., Ltd. for US$71 million, a move intended to allow the company to focus on its North American assets. Following this sale, Elevra reported record ore mining and processing figures at its North American Lithium site.
In South America, Lithium Chile Inc. extended an agreement with China Union Holdings Ltd. regarding the proposed sale of the Arizaro Project in Argentina. The extension is subject to reviews by Investment Canada and the Chinese government. Additionally, Li-FT Power Ltd. released initial assay results from its summer drilling program at the Adina-Galinée Lithium Project in Quebec, Canada, reporting intercepts that support the presence of a large spodumene-bearing pegmatite system.
Entities
Lithium Chile Inc. · Elevra Lithium Limited · LI-FT Power Ltd. · Adina-Galinée Lithium Project · North American Lithium
Timeline
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[BUSINESS] 3 sourcesLithium Chile and Li-FT Power report corporate and drilling updates
Lithium Chile extends its Arizaro Project sale agreement with China Union Holdings and secures a $2.5M credit facility, while Li-FT Power reports positive drilling results in Quebec.
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[BUSINESS] 3 sourcesElevra Lithium completes sale of Ghana project and reports record production
Elevra Lithium has sold its Ewoyaa Project interest in Ghana to Zhejiang Huayou Cobalt for US$71 million and reported record ore mining and high production levels at its North American Lithium operations.
Sources
abnnewswire.net · accessnews.com.au · norvanreports.com · pressreach.com · theqldr.com.au · ucc.hr