Si6 Metals Limited (AU:SI6) has released an update.
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Si6 Metals Limited has renegotiated a joint venture with Foxfire Metals, enhancing their stake in future Brazilian acquisitions to 70% and strengthening their exploration efforts in rare earth elements and lithium. The company is actively drilling in Brazil’s Lithium Valley and near the REE-rich Poços de Caldas, with an emphasis on leveraging Foxfire’s local expertise to expedite opportunity identification and capitalization. The improved JV terms are part of Si6’s aggressive strategy to expand its presence and project portfolio in the region.
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