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Asian Battery Metals Alliance –

In February 2022, copper explorer Aranjin Resources Ltd announced a joint venture agreement in Mongolia with lithium explorer ION Energy. The alliance leverages the technical expertise of the two teams, provides access to each other’s tenements and allows Aranjin (listed on the TSX Venture Exchange) to benefit from ION’s strong track record in Mongolia.

The deal between Aranjin and ION is innovative by any measure, allowing, as it does, the two companies reciprocal exploration rights on their respective exploration licences within Mongolia.

Both ION and Aranjin will leverage one another’s expertise in their respective metals, with Aranjin being granted a right to explore ION’s properties for base metals, and ION being granted a right to explore Aranjin’s properties for lithium. This structured approach is aimed at enlarging both parties’ exploration area within the mineral rich regions of Mongolia, thus ensuring that…

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