FilingReader Intelligence

Hainan Mining terminates Saudi lithium project cooperation

July 16, 2025 at 07:50 AM UTCBy FilingReader AI

Hainan Mining terminated its memorandum of understanding with Ajlan & Bros Mining Company after the July 2024 agreement expired without reaching a concrete deal.

The partnership aimed to explore a lithium salt plant project in Saudi Arabia and establish an industry fund, but preparatory work failed to produce a definitive agreement.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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