Iris Metals Limited (AU:IR1) has released an update.
Iris Metals Limited has entered a 90-day exclusivity agreement with Stardust Power Inc, a Nasdaq-listed developer of battery-grade lithium products. This partnership aims to explore strategic opportunities, including potential investment and a commercial offtake arrangement for lithium production. This move aligns with both companies’ commitment to producing sustainable battery-grade lithium, enhancing Iris Metals’ position in the North American battery materials market.
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