Kali Metals Limited (AU:KM1) has released an update.
Kali Metals Limited has announced the issuance of 485,529 new shares to Mining and Energy Group Pty Ltd as part of a deal related to tin-tungsten and lithium caesium-tantalum rights. The company is also currently in negotiations for the acquisition of additional tenements, with potential deals still under discussion and no binding agreements in place. Kali Metals, known for its significant exploration portfolio in Australia’s lithium fields, is poised to contribute to the growing lithium demand driven by the electric vehicle and renewable energy industries.
For further insights into AU:KM1 stock, check out TipRanks’ Stock Analysis page.
