Clontarf Energy plc plans a 50-50 joint venture with NEXT-ChemX Corporation (NCX) to use the US-based company’s direct lithium ion extraction (DLE) technology in Bolivia. PILOT PLANT The parties have signed a heads of agreement with formation of the JV subject to final due diligence, and formal documentation expected to begin within the next 30 days. […]
Day: 15 November 2024
Capricorn-NewMed cancel proposed merger
Capricorn Energy plc announced that its proposed merger with Israeli company NewMed Energy Ltd had been terminated by mutual consent. STRATEGIC REVIEW Cancellation of the plans comes less than four months after Capricorn’s previous proposals to merge with Tullow Oil also failed. Today’s news follows a strategic review of the NewMed merger plans by Capricorn’s […]