LITHIUM M&A
Canadian explorer Lithium X has signed a definitive agreement with Aberdeen International to acquire the remaining 50% interest in Potasio y Litio de Argentina (Plasa), which holds the company’s flagship Sal de los Angeles project, in Argentina. "This transaction marks another milestone for Lithium X, as the company will now control 100% of Plasa, the Argentine subsidiary that fully controls the Sal de Los Angeles project. This transaction provides Lithium X with the ultimate flexibility in developing the project and more easily delivers shareholder value over the long term," director and CEO Brian Paes-Braga stated.
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