Lithium Energy Chairman William Johnson Speaks With JustStocks Video As It Agrees To Sell Solaroz Lithium Project for A$97 Million

Lithium Energy Limited (ASX: LEL) chairman William Johnson speaks with JustStocks Video following the news the company has entered into a binding agreement to sell its 90% interest in the Solaroz Lithium Brine Project in Argentina for A$97 Million. The deal is with CNGR Netherlands New Energy Technology – one of the world’s largest producers of precursor materials for leading companies in the battery materials supply chain. Completion of the proposed transaction is expected to occur in the fourth quarter of this year. Johnson says the A$97 million sales price reflects the significant value that the company has created at the project since Lithium Energy was listed on the ASX in May 2021.

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