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Lithium Chile Advances Arizaro Project Sale to Definitive Agreement Stage

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Lithium Chile Advances Arizaro Project Sale to Definitive Agreement Stage

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Lithium Chile Inc ( (TSE:LITH) ) has shared an update.

Lithium Chile Inc. has announced that the due diligence process for the sale of its 80% interest in the Salar de Arizaro project is nearing completion, with the transaction moving to the definitive agreement stage. This development marks a critical step toward finalizing the USD $180 million sale, which is expected to enhance shareholder value and strengthen the company’s position in the market.

More about Lithium Chile Inc

Lithium Chile Inc. operates in the mining industry with a focus on lithium extraction and development projects. The company primarily engages in the exploration and development of lithium properties, with a significant emphasis on the Chilean market.

YTD Price Performance: -11.69%

Average Trading Volume: 230,713

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: C$140.5M

Find detailed analytics on LITH stock on TipRanks’ Stock Analysis page.

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