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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 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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