Lepidico Limited (AU:LPD) has released an update.
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Lepidico Ltd is actively seeking partners to enhance the value of its Karibib Lithium Project, considering a range of deal structures to secure the best outcome for shareholders. The company is exploring options globally with various entities interested in its sustainable lithium mica process technologies, aiming to receive binding proposals by October 2024. As Lepidico continues to secure funding for its Phase 1 Project, it reaffirms its commitment to sustainable lithium hydroxide production with commercial operations expected to start in 2026.
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