The LNG will be used at the Pilgangoora lithium operation in Western Australia.

North Goonyella has been closed since a 2018 fire.

Since coming to power in May 2022, Australia’s center-left Labor government has ramped up investment in minerals.

Azure has received a sweetened $2.48-per-share takeover offer from the pair.

The new company will be the world's third-biggest producer of lithium.

SQM will pay Novo A$10 million for a 75% interest in five tenements held by Novo.

Funds will be used to advance the Prairie lithium project in Saskatchewan towards production, expected in the first quarter of 2025.

Fewer supply disruptions and “relatively soft” global economic growth will push down revenue.