Power Minerals (ASX:PNN) has terminated its Rincon Lithium Joint Venture to regain 100% ownership of its flagship brine project in Argentina as it resets development and funding strategy amid strengthening lithium market conditions.
Power Minerals has delivered a Conceptual Development Study confirming the technical viability of a 5,000 tonne per annum lithium carbonate operation at the Incahuasi Lithium Project in Argentina.
Power Minerals (ASX:PNN) has finalised the documentation required to incorporate the Rincon Lithium Project Joint Venture company, enabling the release of Navigate Energy’s US$4 million investment to advance the project in Argentina.
Battery Age Minerals has launched on-ground exploration at its newly secured El Aguila Project in Argentina, targeting shallow, high-grade gold and silver mineralisation in a proven mining district.
Heng Li’s financial backing and cutting-edge extraction technology provide Power Minerals with the means to rapidly advance its Pular Project, which holds an estimated 173,000 tonnes of lithium carbonate equivalent (LCE), without diluting shareholder equity.
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