ION & Aranjin JV to form largest lithium and copper exploration licence holders in Mongolia

As ION Energy joins forces with Toronto-listed Aranjin Resources Ltd on an exploration joint venture in Mongolia, our CEO explains why this made sense for both companies, to maximize potential and jointly making them the largest holder of #lithium and #copper exploration licences in the country, and help the drive towards global electrification.

The two companies will grant each other a reciprocal right to explore one another’s properties, with Aranjin earning an 80% interest and ION earning 20% in all base metal projects discovered on ION’s properties. And ION will earn an 80% interest and Aranjin 20% interest in all lithium projects discovered on Aranjin’s properties, subject to existing royalties.

Watch this interview, to learn more about the JV & upcoming catalysts!