Andrada Mining (GB:ATM) has released an update.
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Andrada Mining Limited has announced a strategic partnership with SQM, a leading lithium chemical producer, to develop their Lithium Ridge asset in Namibia. The collaboration, structured as a three-stage earn-in agreement, will leverage SQM’s technical and financial strengths, aiming to accelerate the project’s development and enhance shareholder value. The deal underscores Andrada’s commitment to becoming a key player in the production of critical metals necessary for the green energy transition, with the partnership marking a significant step in Namibia’s positioning within the African lithium industry.
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