Frontier Lithium rises on joint venture with Mitsubishi
04/03/2024 15:37
** Shares of Canadian miner Frontier Lithium FL.V up 18.5%
at C$1.09
** Co forms joint venture with Japanese trading house
Mitsubishi 8058.T for financing PAK Lithium Project mine in
Ontario, Canada and planned lithium chemicals conversion
facility
** Mitsubishi to buy 7.5% stake in project for C$25
mln($18.42 mln), with option to increase to 25%
** Stock has risen 43.4% so far this year
($1 = 1.3572 Canadian dollars)
(Reporting by Kabir Dweit)
((Kabir.Dweit@thomsonreuters.com;))
Recent news on Frontier Lithium
See all newsBrief: Frontier Lithium Wins NRCan Conditional Approval for Lithium By-Product Valorization Plan
Brief: Frontier Lithium Provides Critical Minerals Infrastructure Funding Update Including The Road Connecting The Pak Lithium Project
Canada Research Roundup: AG Growth International, Frontier Lithium, Standard Lithium
Brief: Frontier Lithium Announces Federal & Provincial Government's Intent To Support Lithium Conversion Facility In Thunder Bay
Brief: Frontier Unlocks Conditional $6.1M In Federal Funding For Critical Minerals Infrastructure Projects