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Latin Resources Limited ( (AU:LRS) ) has shared an update.
Latin Resources Limited has reported significant progress in its Salinas Lithium Project, particularly with the acquisition agreement by Pilbara Minerals. The transaction, which has been approved by shareholders and the Supreme Court of Western Australia, marks a transformative phase for Latin Resources, as it transfers ownership of its Salinas Lithium Project to Pilbara Minerals, expected to advance the project’s development.
More about Latin Resources Limited
Latin Resources Limited is a company operating in the mining industry with a focus on lithium extraction. Its primary project is the Salinas Lithium Project located in Minas Gerais, Brazil, which is recognized as one of the world’s best undeveloped lithium projects, providing high-quality spodumene concentrate.
YTD Price Performance: 3.12%
Average Trading Volume: 11,779,489
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$477.7M
For a thorough assessment of LRS stock, go to TipRanks’ Stock Analysis page.
