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XTC Lithium Limited Sells Non-Core Assets to Focus on Argentine Lithium Project

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XTC Lithium Limited Sells Non-Core Assets to Focus on Argentine Lithium Project

Xantippe Resources Limited ( (AU:XTC) ) just unveiled an announcement.

XTC Lithium Limited has sold its non-core exploration tenements at Southern Cross, Western Australia, for $1 million to Geko Explore Pty Ltd. This divestment allows the company to concentrate on its Carachi Lithium Project in Argentina, aligning with its strategic focus on lithium extraction. Additionally, XTC has relinquished its 22.5% interest in South Korean mineral tenements, further streamlining its operations.

More about Xantippe Resources Limited

XTC Lithium Limited is a company in the mining industry, focusing on lithium projects. Its primary market focus is on the Carachi Lithium Project in Argentina, following the divestment of non-core assets.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$17.53M

Learn more about XTC stock on TipRanks’ Stock Analysis page.

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