17
Apr
02:39
Macro forgoes Aurora lithium project acquisition
Australian miner Macro Metals has decided not to proceed with the acquisition of Aurora lithium project in the US to focus on its iron ore portfolio in Western Australia, Kallanish notes.
The firm says in a statement that as part of the strategic review of the company’s assets, it was determined that the Aurora Lithium transaction, as announced on 14 November 2023, is no longer aligned with the re-focused investment and development strategy of the company.
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