12
Jan
15:50
LITHIUM: Galp to acquire 10% stake in lithium operations
Portugal’s natural gas distribution company, Galp, is planning to purchase a 10% stake in lithium operations in the country, Kallanish learns from Savannah Resources on Tuesday.
According to the UK-based mining company, the parties signed a non-binding agreement for a $6.4 million cash investment in Savannah’s Portuguese subsidiaries. The units own the Mina do Barroso lithium mine, and the investment will be used to advance the project towards a Defin…
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