新聞European Lithium Ltd is planning to acquire Velta Ua for $122M.Under the terms of the agreement, European Lithium will acquire 100% of Velta for a total consideration of approximately AUD 173 million in fully paid European Lithium shares, subject to the completion of due diligence and satisfaction of customary conditions precedent.
新聞Velta Ua is developing technique to produce metallic titanium that can replace Russian metal.Velta LLC with titanium ore assets in Kirovorgad region is developing its own technique to produce metallic titanium that can replace Russian metal on world market due to the increase in demand for armaments.
