Alien Metals (GB:UFO) has released an update.
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Alien Metals Ltd has entered into a joint venture with Errawarra Resources Ltd to explore and potentially develop lithium resources at its Pinderi Hills Project in Western Australia. Under the agreement, Errawarra can earn up to a 50% interest by spending up to A$4 million over 60 months. This deal allows Alien Metals to continue concentrating on its primary iron ore and PGM projects while expanding its portfolio into the promising lithium sector.
For further insights into GB:UFO stock, check out TipRanks’ Stock Analysis page.
