Li3 Energy and Blue Wolf Mongolia: Plans to Merge
Li3 Energy (OTCBB: LIEG) has entered into an agreement with Blue Wolf Mongolia Holdings with an agreement and plan of merger for an initial business combination.
Articles Tagged "OTCBB:LIEG"
Li3 Energy: Strategic Acquisition For Maricunga Lithium Project
Li3 Energy, Inc., (OTCBB:LIEG) has acquired 100% of SLM Cocina 19-27 de la Sierra Hoyada de Marcunga, a Chilean based company.
POSCO’s Lithium Brine Processing Technology Could be a Game Changer
If proven successful, POSCO’s new lithium extraction technology may further lower the cost of production at brine deposits, widening their economic advantage over hard-rock deposits.
Chile Reviewing Lithium Auction Process and Outcome
On the grounds that SQM should have been barred from the Chilean lithium concession competition, Li3 Energy has formally appealed to the country's mining ministry in hopes that it will rethink its decision to annul the tender and instead award the contract to the POSCO Consortium.
SQM and Li3 Energy Among Competitors for Chile’s Lithium Concession
Chile is counting on lithium operating contracts to significantly increase lithium production over the coming years as it aims to compete with leading producers like Australia and Argentina. The winner of the first contract will be announced on Monday, September 24.
Li3 Energy and POSCO Canada Close Second Tranche of Funding Plan
Li3 Energy, Inc.(OTCBB:LIEG) announced the closing of the second tranche of an $18 million funding plan with POSCO Canada Ltd. The first tranche consisted of a $10 million payment.
Li3 Energy Secures $10 Million Second Tranche Funding From POSCO
Li3 Energy, Inc., (OTCBB:LIEG) has agreed to the terms for the $10 million second tranche of funding with POSCO Canada Ltd. Upon closing, this completes the $18 million financial commitment made by POSCO in August 2011.
Li3 Energy Shareholder Letter Released
Li3 Energy, Inc., (OTCBB:LIEG) released their letter to shareholders from its Chief Executive Officer, Luis Saenz, including updates on the Maricunga project and next steps.
Positive Measured Resource Report on Li3 Energy’s Maricunga Property
Li3 Energy, Inc. (OTCBB:LIEG) announced significant Measured and Inferred Resources in the NI 43-101 Technical Report for the Maricunga property, warranting further exploration work to advance it to the feasibility stage.
Li3 Energy in Memorandum of Understanding with POSCO to Construct Test Facility
Li3 Energy, Inc., (OTCBB:LIEG) entered into a non-binding Memorandum of Understanding with its strategic partner POSCO (NYSE:PKX) to design, build and operate a test facility for the recovery of lithium and other products at POSCO's sole expense.
