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LIFT secures exclusive option to acquire Renard mine site for lithium expansion
4:14pm on Wednesday 24th of June, 2026 AEST
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Mining
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LIFT secures exclusive option to acquire Renard mine site for lithium expansion
4:14pm on Wednesday 24th of June, 2026 AEST
Key Points
Exclusive two-year option to acquire Renard mine assets or shares
C$12 million option fee payable upfront, with C$1 exercise price
Renard’s 2.2Mtpa plant potentially adaptable for lithium spodumene processing
Acquisition could reduce capital costs and environmental impact for Adina project
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Li-Ft Power (ASX:LFT)
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