[Lithium Mine: Hualian Holdings' Arizaro Lithium Mine Acquisition Extended To August, Transaction Awaiting ODI Approval]

Published: Jun 22, 2026 14:34

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On June 21, Hualian Holdings Co., Ltd. disclosed the progress of the Arizaro project transaction. As the transaction is still in the process of fulfilling overseas investment approval procedures, the buyer and seller negotiated and signed an "Extension Agreement," extending the deadline for the share purchase agreement to August 20, 2026. This further extension is due to the impending expiration of the deadline stipulated in the original agreement, while the ODI approval process is still ongoing. According to the extension agreement, if the transaction has not been completed by August 20, the deadline will be automatically extended to October 20, 2026, without the need for both parties to sign additional documents.

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