SYDNEY, AUSTRALIA: Lithium Energy Limited (ASX: LEL), a prominent player in the industry, has officially announced the sale of its 90% stake in the Solaroz Lithium Brine Project located in Argentina. The deal, valued at a substantial US$63 million (approximately A$97 million), was made with CNGR Netherlands New Energy Technology B.V. (CNNET), a subsidiary of…
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Lithium Energy and NOVONIX announce merger and Axon Graphite IPO
SYDNEY, AUSTRALIA: Lithium Energy Limited (ASX:LEL) and NOVONIX Limited (ASX:NVX) have announced the merger of their adjoining Queensland Graphite Assets into a new entity, Axon Graphite Limited. The merger is set to revolutionize the Battery Anode Material (BAM) sector with the creation of a vertically-integrated company that will be listed on the ASX through an…