M&A

Lill's Iris claims large 'magnitude' lithium acquisition in South Dakota

SIMON Lill-chaired Iris Metals is to raise A$12-15 million cash and says it is set to become the only mining company in the US with approvals to mine hard rock lithium spodumene following its latest acquisition of historical mines in South Dakota.

Lill's Iris claims large 'magnitude' lithium acquisition in South Dakota

"The magnitude of the transactions provides Iris with patented mineral rights to the entire Beecher Lithium Trend free of federal BLM obligations," the company said. "It should be noted that the recently...

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