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St George Restructures Lithium Star JV with ATL Taking Strategic Shareholding and Araxá Exposure
8:36am on Tuesday 2nd of June, 2026 AEST
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Mining
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St George Restructures Lithium Star JV with ATL Taking Strategic Shareholding and Araxá Exposure
8:36am on Tuesday 2nd of June, 2026 AEST
Key Points
ATL swaps 10% Lithium Star JV stake for 12.5 million St George shares at $0.16 each
Lithium Star becomes wholly owned subsidiary focusing on lithium projects in Western Australia
ATL secures rights to 25% of lithium output and gains exposure to Araxá rare earths-niobium project
Share issue to ATL subject to shareholder approval in July 2026
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