International Lithium Corp. Secures Option to Acquire Stake in Namibian Lithium-Rubidium-Cesium Project

Reuters
Sep 09, 2025
<a href="https://laohu8.com/S/ILHMF">International Lithium Corp.</a> Secures Option to Acquire Stake in Namibian Lithium-Rubidium-Cesium Project

International Lithium Corp. (ILC) has announced a potential acquisition that marks a significant advancement for the company, particularly in Southern Africa. This transaction involves a project that had reached the Definitive Feasibility Study stage under JORC in 2020 and was updated in 2022. If the option is exercised, ILC will leapfrog the development stage of other projects, including those in Zimbabwe, by several years. The acquisition would position ILC well for an upswing in the lithium market and strengthen its position as a leading global player in the rubidium market, along with holding significant cesium interests. However, the completion of this transaction is contingent upon the resolution of an ongoing arbitration dispute involving Lepidico Namibia and Jiangxi Jinhui Lithium Co. Ltd., expected to conclude in late 2025.

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