Maximus Resources Limited (AU:MXR) has released an update.
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Maximus Resources Limited has amended its cash flow report and disclosed a strategic partnership with KOMIR, a Korean government agency, who will fund USD$3 million in exploration activities to earn a 30% interest in the Lefroy Lithium Joint Venture. The deal includes provisions for LG Energy Solution Limited to potentially acquire KOMIR’s stake and negotiate for future lithium concentrate production from the project. As of the end of June 2024, there have been no changes in the mineral rights ownership of the Lefroy Lithium Project.
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