December 1, 2021 |
Uranium One Group, a subsidiary of Russia's state-owned nuclear energy company Rosatom, said that it has entered into an agreement with Canada's Alpha Lithium to buy a 15% stake in a lithium project for $30 million.
The companies will develop the Tolillar lithium deposit in the northern province of Salta through a new company called Alpha One Lithium, which for now will be owned 85% by Alpha Lithium, both companies said in separate press releases late on Monday.
Tolillar is in the so-called lith
Uranium One buys a 15% stake in a mining project from Canada's Alpha Lithium for $30 mln