LITHIUM
ASX-listed Caeneus Minerals has ventured into lithium territory with the signing of a binding heads of agreement (HoA) with privately held Nevada Metals.
Under the HoA, announced on Wednesday, Caeneus would acquire all the issued shares of Nevada Metals, which owns two lithium projects in the US state of Nevada, where the $5-billion Tesla Motors Gigafactory is currently under construction.
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