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An update from Lithium Energy Ltd. ( (AU:LEL) ) is now available.
Lithium Energy Limited has completed the early sale of its remaining interest in the Solaroz Lithium Brine Project in Argentina to CNGR Netherlands New Energy Technology B.V., receiving US$21.7 million. This transaction, initially scheduled for January 2026, was finalized in December 2025, strengthening the company’s financial position. Additionally, a deferred consideration may be received if lithium prices exceed a certain threshold, indicating potential future financial benefits.
More about Lithium Energy Ltd.
Lithium Energy Limited operates in the energy sector, focusing on the development and sale of lithium brine projects. The company is involved in the lithium market, which is crucial for battery production and energy storage solutions.
Technical Sentiment Signal: Sell
Current Market Cap: A$41.44M
For detailed information about LEL stock, go to TipRanks’ Stock Analysis page.