Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium

44.63

0.29%

Gold

2,659.70

0.05%

Copper

4.15

0.46%

Oil

68.77

(0.2%)

Bitcoin

96,805.14

5.29%

FTSE 100

8,274.75

0.2%

Nikkei 225

38,134.97

(0.5%)

Dow Jones

44,722.19

(0.26%)

Iron Ore

104.00

1.4%

USD/AUD

0.65

0.3%

Hang Seng

19,603.13

2.17%

Lithium Energy (ASX: $LEL) extends sale deadline for Solaroz project

October 22, 2024
Author: Stock Piper

Lithium Energy announces sale extension

Lithium Energy (ASX:LEL) has extended the completion deadline for selling its 90% stake in the Solaroz Lithium Brine Project to CNGR Netherlands New Energy Technology B.V. The sale, valued at US$63 million, was initially set for October 2024 but is now extended to December 2024 due to pending conditions.

Lithium Energy's strategic outlook

Lithium Energy Limited has extended the sale deadline for its Solaroz Project to December 2024 due to remaining conditions like CNNET's registration in Argentina and environmental approvals. Despite some conditions being met, the company is focused on fulfilling these requirements. Post-sale, Lithium Energy plans to concentrate on its Axon Graphite IPO and maintain operations at Solaroz. The company holds interests in high-grade graphite projects in Queensland, with an upcoming merger and IPO planned for Axon Graphite Limited. This move represents a strategic transition towards graphite projects while managing international transaction complexities.