{"id":9060,"date":"2024-05-02T03:29:02","date_gmt":"2024-05-02T03:29:02","guid":{"rendered":"https:\/\/economicherald.net\/?p=9060"},"modified":"2024-05-02T03:29:02","modified_gmt":"2024-05-02T03:29:02","slug":"long-shortz-with-lithium-energy-97-million-solaroz-sale-fuels-battery-minerals-hunt","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=9060","title":{"rendered":"Long Shortz with Lithium Energy: $97 million Solaroz sale fuels battery minerals hunt"},"content":{"rendered":"<p class=\"p1\">Stockhead\u2019s Sarah Hughan\u00a0sits down with\u00a0<a href=\"https:\/\/stockhead.com.au\/company\/lithium-energy-lel\/\">Lithium Energy\u2019s<\/a> executive chairman William Johnson to get the short end of the long story on the company\u2019s latest news.<\/p>\n<p>The company has agreed to sell its 90% interest in the Solaroz lithium brine project in Argentina to CNGR \u2013 one of the world\u2019s largest producers of precursor materials for leading companies in the battery materials supply chain \u2013 for about $97 million in cash.<\/p>\n<p>LEL\u2019s Johnson explained that following the conclusion of a bid to find a strategic partner for the development of Solaroz, the Board determined that it was in the best interest of shareholders to consider the sale of the company\u2019s interest in the project on the terms proposed by CNGR.<\/p>\n<p>Tune in to hear Lithium Energy\u2019s William Johnson on the conditions of the sale, and what lies ahead for the company.<\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/stockhead-tv\/long-shortz\/long-shortz-with-lithium-energy-97-million-solaroz-sale-fuels-battery-minerals-hunt\/\">Long Shortz with Lithium Energy: $97 million Solaroz sale fuels battery minerals hunt<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Stockhead\u2019s Sarah Hughan\u00a0sits down with\u00a0Lithium Energy\u2019s executive chairman William Johnson to get the short end of the long story on the company\u2019s latest news. The <a href=\"https:\/\/economicherald.net\/?p=9060\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":9061,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-9060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Long Shortz with Lithium Energy: $97 million Solaroz sale fuels battery minerals hunt - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=9060\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Long Shortz with Lithium Energy: $97 million Solaroz sale fuels battery minerals hunt - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Stockhead\u2019s Sarah Hughan\u00a0sits down with\u00a0Lithium Energy\u2019s executive chairman William Johnson to get the short end of the long story on the company\u2019s latest news. 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