Lithium Energy (ASX:LEL) secured environmental impact assessment approvals for the Mario Angel and Payo concessions within the Solaroz lithium brine project in Argentina, according to a Monday filing with the Australian bourse.
The mining firm is still awaiting clearances for the Central and Northern blocks of the project where most of the resources are concentrated, the filing said.
CNGR Netherlands New Energy Technologies is expected to conduct exploration activities at the approved concession areas as part of a $63 million sale deal with Lithium Energy.
Shareholders are expected to vote on the sale on Jan. 15, 2025, as per the filing.
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