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LCL Resources Shares Climb On Farm-In, JV Deal With Rio Tinto For Liamu Copper-gold Project
Source: Nasdaq
M&A & RestructuringCommodities & Raw MaterialsCompany Fundamentals
LCL Resources shares gained around 23% in Australian trading after the mineral explorer announced a binding farm-in and joint venture term sheet with Rio Tinto Exploration Ltd., a subsidiary of Rio Tinto. The article provides no further terms of the agreement.
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