Triple Flag Precious Metals (TSE:TFPM) has released an update.
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Triple Flag Precious Metals Corp. has agreed to purchase a 0.5% royalty on the Tres Quebradas lithium project in Argentina for $28 million. This acquisition provides Triple Flag with an opportunity to diversify its portfolio by gaining exposure to a large lithium project with potential for significant returns. The deal is expected to close in the first quarter of 2025 and will add a high-quality asset to their holdings.
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