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Lithium Energy Advances Solaroz Sale and Axon Graphite Spin-Out Amid ASX Suspension

5:50pm on Sunday 1st of June, 2025 AEST Mining
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Lithium Energy Advances Solaroz Sale and Axon Graphite Spin-Out Amid ASX Suspension

5:50pm on Sunday 1st of June, 2025 AEST
Key Points
  • Solaroz Lithium Brine Project sale amended to two tranches totaling US$63 million
  • Environmental Impact Assessment approvals received for further Solaroz exploration
  • Shareholders approved Solaroz sale amendment and Axon Graphite spin-out scheduled
  • ASX suspended Lithium Energy shares due to insufficient operations post-Solaroz sale
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