Iris Metals Limited (AU:IR1) has released an update.
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Iris Metals Limited has successfully raised $8.01 million through a share placement, with a substantial contribution expected from Stardust Power. The funds will support Iris’ strategic partnership with Stardust, focusing on potential investments and battery-grade lithium production. An exclusivity agreement is in place, signaling a promising collaboration over the next 90 days.
For further insights into AU:IR1 stock, check out TipRanks’ Stock Analysis page.