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PepinNini Minerals Limited ( (AU:PNN) ) has provided an announcement.
Power Minerals Limited, in partnership with Navigate Energy, is advancing the Rincon Lithium Project Joint Venture in Argentina. The companies have finalized the necessary documentation for the incorporation of the Rincon JV entity and the release of a US$4 million investment from Navigate Energy. This development marks a significant milestone for the Rincon Project, which is the most advanced asset within Power’s Salta Lithium Project. The joint venture aims to enhance lithium brine testing and development, leveraging strategic infrastructure and resources. The incorporation of the JV entity and the subsequent transfer of mineral tenure are expected to bolster the project’s development and operational capabilities.
More about PepinNini Minerals Limited
Power Minerals Limited is a company operating in the mining industry, focusing primarily on lithium projects. Its key project is the Salta Lithium Project in Argentina, which includes the Rincon Lithium Project. The company is strategically positioned in the lithium triangle of Argentina, an area known for significant lithium resources.
Average Trading Volume: 4,253,477
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$23.39M
For an in-depth examination of PNN stock, go to TipRanks’ Overview page.