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Develop Global to buy Essential Metals for $102 million

Cecilia Jamasmie | July 03, 2023 | 5:26 am Battery Metals Markets News Australia Australia NZ South Pacific Lithium 

Australian base metals explorer Develop Global (ASX: DVP) is buying coveted fellow lithium developer Essential Metals (ASX: ESS) in a share-based deal worth about $102 million (A$152.6m). The buyer, a junior backed by lithium producer Mineral Resources (ASX: MIN), said Essential’s board...

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