Kali Metals Amplifies Pilbara Lithium Presence

Kali Metals Limited (AU:KM1) has released an update.

Kali Metals Limited has expanded its joint venture with SQM, acquiring new tenements in the Pilbara region to strengthen its lithium exploration footprint by approximately 129 square kilometers. The deal includes revisions to the Earn-In Agreement, increasing SQM’s exploration expenditure commitment by $1 million, which aligns with Kali’s strategy to enhance shareholder value through potential lithium resource discoveries. The new acquisitions are adjacent to Kali’s current projects, setting the stage for cost-effective exploration synergies.

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